In our implementation, award funding is defined at the annual level, while award project budgets are

Summary:

In our Award implementation, award funding is defined at the annual level, while award project budgets are maintained at the monthly level to support detailed budget planning and monitoring. Budgetary control and validation are enforced at the annual level within the Oracle Fusion Grants Management system

Please confirm:  Whether it is supported by design to maintain award funding annually and project budgets monthly, while budgetary control and validation occur at the annual level.

Are there any known limitations or considerations for this setup?

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