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Handle PO with line item in future fiscal year?

Hi,

I need some advice here regarding PO creation for a service which spam across 3 fiscal year.

Currently the process is to create a similar PO on the first day of new fiscal year when the previous Fiscal year ends, which mean, it needs to go through another round of release strategy.

The challenge here is we we have more than 100 of such cases, which lead to the HOD need to approve 100 times again.

Is there a feature in SAP where PO can be create with reference previous PO together the release strategy.

Other alternative method is much appreciated too.

Thanks

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