Budgetary Control – Tolerance for Override Approval in Purchase Requisitions

Hello,
Is there any way in Oracle Fusion Cloud to configure a tolerance limit in Budgetary Control so that override approval is not required for small budget overruns during Purchase Requisition creation?
Example:
If a requisition exceeds the budget by up to 1,000, it should pass validation without requiring override approval. Amounts above this limit would still require approval.
Does Budgetary Control support monetary or percentage-based tolerances for this scenario? If not, are there any recommended workarounds?
Thank you!