I've two question regarding the Budget information

Hi Team,
I have disabled the "Require Budget Journal" option in the ledger settings because of allow bulk journal uploads using the Launch Budget Wizard. However, while defining the budget organization and setting the budgetary control level, the budget name I previously created is not appearing in the "Funding Budget" dropdown. I’ve attached a screenshot for reference.

Could you please guide me on how to set this budget as the default at the Advisory or Absolute level so I can proceed further?
Define budget

Define organization

Another question:

When using the Advisory option for budgetary control, I am not receiving any pop-up message indicating that the budget has been exceeded at the Purchase Order (PO) level.