Which is a better solution - Creating new Awards in each FY or a new Installment

Hello, 

 

We have a business case, where many Grants (Awards) expire at the end of a year. 

Then, in the next year, we create another Award. 

The Projects continue.

 

In this case, what the problem happens is, there are some PO's, which remain unused i.e. not invoiced or approved at the end of year. 

Now, since the Award ended at the end of year, the POs need to be cancelled and new ones need to be created. 

We enter POETA in the PO and AP invoices. 

 

Is there any way in which we would not need to create a new Award?