---
sourceDocument: Australia Strategic Portfolio Management
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/it-business-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Benefit plan updates and recalculation

# Benefit plan updates and recalculation in demand currency {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes to read
Summarize  
![AI sparkle icon](https://servicenow.com/docs/portal-asset/ai-sparkle-icon) Summarized using AI  
This content was generated using new OpenAI-powered functionality. Results are provided on an as is basis and are not guaranteed to be accurate or complete.  

## Summary of Benefit Plan Updates and Recalculation in Demand Currency

This document outlines how updates to benefit plans in ServiceNow impact the recalculation of monetary values, specifically in demand currency.
Changes to various fields in the Benefit Plan form trigger automatic recalculations to ensure accuracy and consistency in financial reporting.
Show full answer Show less  

## Key Features

* **Currency Adjustments:** Modifying the entered currency, benefit, or recurring checkbox leads to recalculations of the total planned benefit and related demand currency values.
* **Offset Type Changes:** Altering the offset type, start/end dates, or duration prompts recalculations of total planned benefits and demand currency values. Benefit Plan Breakdown records may be adjusted accordingly.
* **Fiscal Period Modifications:** Changing the fiscal period affects the recalculated values of benefits in demand currency, potentially adding or removing Benefit Plan Breakdown records.
* **Individual Benefit Adjustments:** Altering the entered benefit in a specific Benefit Plan Breakdown recalculates the corresponding demand currency values.

## Key Outcomes

Customers can expect that any adjustments made to benefit plans will automatically update relevant financial metrics in demand currency, ensuring that all records remain accurate. This functionality is crucial for maintaining up-to-date financial reporting and compliance within the ServiceNow platform.  
Changes to the entered currency, benefit, offset type, or fiscal period of a benefit plan update all related amount fields and breakdowns. The related demand fields are recalculated and reflected in demand currency.

Changes in entered currency, entered benefit, and recurring check box of a benefit plan
:   When you change the values of any of these fields in the Benefit Plan form with multicurrency view enabled, the following values are recalculated:

    * When you modify the Entered currency field, Entered benefit field, or Recurring check box of the Benefit Plan form, the total planned benefit is recalculated in demand currency.
    * The Benefit in demand currency in the Benefit Plan Breakdown is recalculated.
    * The value in the Financial benefit in demand currency field of the demand is recalculated.
    {#benefit-plan-recalculation-demand__ul_xf3_wkv_dnb}

Changes in the offset type of a benefit plan
:   When you change the offset type for the benefit plan, either the start date or end date and specify the offset period and duration of such periods in the Benefit Plan form, the following values are recalculated:

    * The Total planned benefit and the Benefit in demand currency of the benefit plan are recalculated. Therefore, the Benefit Plan Breakdown records may be added or removed.
    * If the Recurring check box isn't selected, then the Benefit in demand currency of each Benefit Plan Breakdown record is recalculated.
    * The value in the Financial benefit in demand currency field of the demand is recalculated.
    {#benefit-plan-recalculation-demand__ul_pkm_sdb_gnb}

Changes in the fiscal period of a benefit plan
:   When you change the fiscal period, either the start date or end date in the Benefit Plan form, the following values are recalculated:

    * The Benefit in demand currency and the Total planned benefit of the benefit plan are recalculated. Therefore, the Benefit Plan Breakdown records may be added or removed.
    * If the Recurring check box isn't selected, then the Benefit in demand currency of each Benefit Plan Breakdown record is recalculated.
    * The value in the Financial benefit in demand currency field of the demand is recalculated.
    {#benefit-plan-recalculation-demand__ul_w3p_flv_dnb}

Changes in the entered benefit of a benefit plan breakdown
:   When you change the entered benefit in an individual Benefit Plan Breakdown record, the following values are recalculated:

    * The Benefit in demand currency of the benefit plan is recalculated in demand currency.
    * The value in the Financial benefit in demand currency field of the demand is recalculated.
    {#benefit-plan-recalculation-demand__ul_ddj_rlv_dnb}