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Availability control (AVC) question

Hello experts,

I have the following business requirement that I need to implement in AVC. Even though my requirement pertains to the Grants management module, the concept should be the same as FM AVC - so all FM gurus, feel free to pitch in:

1. Client wants budget control at the sponsored class (budget expense category) level over the duration of the budget.

2. Client wants budget control at the entire grant budget level over the duration of the grant.

For example, if there is a $100 grant and of this, $40 is dedicated for supplies and $60 for personnel. So, warning/error messages should be displayed when: a) the total expenses meet or exceed $100; and b) total expenses for supplies meet/exceed $40.

If you could guide me as to how to configure this, that will be very helpful.

Thanks a lot.

Ajay

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