---
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


---

# Multicurrency fields in demand-related forms

# Multicurrency fields in demand-related forms {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 4 minutes to read
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![AI sparkle icon](https://servicenow.com/docs/portal-asset/ai-sparkle-icon) Summarized using AI  
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## Summary of Multicurrency fields in demand-related forms

Enabling the Demand Currency view in Demand, Cost Plan, and Cost Plan Breakdown forms allows you to manage and track financial information in multiple currencies.
This feature is vital for organizations operating in different currency environments, ensuring accurate financial oversight throughout project management processes.
Show full answer Show less  

## Key Features

* **Demand Currency:** The currency used to track demand metrics, which becomes read-only after creating associated cost or benefit plans.
* **Project Currency:** The currency designated for the project when the demand is converted into a project.
* **Financial Metrics:** Includes capital and operating expenses, total planned costs, financial returns, and net present value, all tracked in the demand currency.
* **Cost and Benefit Plans:** Fields in the Cost Plan, Benefit Plan, and their breakdowns reflect the demand currency and associated costs/benefits, including exchange rates for conversions.
* **Expense Line Management:** Expense entries are recorded in demand currency, ensuring consistency in financial reporting.

## Key Outcomes

By utilizing multicurrency fields, ServiceNow customers can maintain accurate financial data across various currencies, facilitating better financial planning and decision-making. This feature enhances the ability to analyze project costs and benefits in a unified manner, improving overall project management and financial transparency.  
When you enable the Demand Currency view in a Demand, Cost Plan,
and Cost Plan Breakdown forms, you can observe the multicurrency fields in the Financials
section of the forms.

## Financials tab of the demand form {#multicurrency-fields-demand__section_xqt_hnf_3jb}

{#multicurrency-fields-demand__table_nzw_snf_3jb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency in which you want to manage and track the demand. Note: The ability to select a demand currency depends on the currency option you selected in Preferences-Project under Project Administration. For more information, see [Select demand currency preference](https://servicenow-prod.fluidtopics.net/oZQ9Up7hyijRAOzQol0eDg "Set your currency preference to use for managing and tracking the financials of your demands from the functional currency, regional currency, or local currency."). The Demand currency field of a demand becomes read only once you create a cost plan, cost plan breakdown, benefit plan, or benefit plan breakdown. |
| Project currency | Currency in which you want to implement the project when this demand is converted to a project. Note: The Project currency field in the Project form of Project Management is carried over from the demand when it's converted. |
| Capital expense in demand currency | Capital expenditure (Capex) for the demand. |
| Capital budget in demand currency | Total capital budget allocated to the demand across all fiscal years. The value is rolled up from the capital expenditure (Capex) budget of the demand. |
| Operating expense in demand currency | Operational expenditure (Opex) for the demand in the selected demand currency. |
| Operating budget in demand currency | Total operational budget allocated to the demand across all fiscal years in the selected demand currency. The value is rolled up from the Opex budget of the demand. |
| Total planned cost in demand currency | Estimated cost of the demand in demand currency. |
| Financial return in demand currency | Estimate of the revenue based on the Total planned costs in demand currency and Financial benefit in demand currency fields. |
| Financial benefit in demand currency | Estimate of revenue if the demand is approved in the selected demand currency. This value is rolled up from the benefit breakdown of the demand. |
| Net present value in demand currency | Present value of future cash based on the given annual interest rate in the selected demand currency. It's a measure for comparing money spent today against future expected financial benefits. It helps when evaluating the overall investment performance. |
| Actual cost in demand currency | Total cost incurred while working on a demand and demand tasks in the selected demand currency. |
[Table 1. Demand form]

{#multicurrency-fields-demand__table_nzw_snf_3jb}

## Multicurrency fields of the Demand Task form {#multicurrency-fields-demand__section_oj5_syf_dnb}

{#multicurrency-fields-demand__table_pj5_syf_dnb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Actual cost in demand currency | Total cost incurred while working on a demand tasks in the selected demand currency. Actual cost comes after the assignee of the demand task creates and submits a time card. When the time card is approved, the resource rate, derived from the rate card, labor rate, or system properties, is used to populate this field. |
[Table 2. Demand Task form]

{#multicurrency-fields-demand__table_pj5_syf_dnb}

## Financials section of the Cost Plan form {#multicurrency-fields-demand__section_mmg_n4f_3jb}

{#multicurrency-fields-demand__table_amq_p4f_3jb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Cost in demand currency | Value that is rolled up from the Entered cost field of all cost plan breakdowns. |
[Table 3. Cost Plan form]

{#multicurrency-fields-demand__table_amq_p4f_3jb}  
Note:  
Any change that you make to the unit cost, quantity, or fiscal period of a cost plan has the amounts recalculated in demand currency. See [Cost plan updates and cost recalculation in demand currency](https://servicenow-prod.fluidtopics.net/_iamoegm2y2wlMPctYkq~g "Updating the unit cost, quantity, or fiscal period of a cost plan updates all the related amount fields in the cost plan and its breakdowns. Also, the amounts in the related fields of the demand, to which the cost plan is rolling up, are recalculated and reflected in the demand currency.").

## Multicurrency fields in the Cost Plan Breakdown form {#multicurrency-fields-demand__section_ezx_1pf_3jb}

{#multicurrency-fields-demand__table_ccf_cpf_3jb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Cost in demand currency | Breakdown amount in demand currency. |
| Demand currency exchange rate | Rate in effect for the period corresponding to the cost plan breakdown in the demand currency. |
| Demand currency exchange rate date | The reference date on which the currency exchange rate is applied for conversion. |
[Table 4. Cost Plan Breakdown form]

{#multicurrency-fields-demand__table_ccf_cpf_3jb}

## Financials section of the Benefit Plan form {#multicurrency-fields-demand__section_dqj_gy5_jjb}

{#multicurrency-fields-demand__table_xtl_xy5_jjb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Benefit in demand currency | Benefit incurred from demand in demand currency. |
| Actual benefit in demand currency | Actual benefit value rolled up from the actual benefit in the benefit breakdown. |
[Table 5. Benefit Plan form]

{#multicurrency-fields-demand__table_xtl_xy5_jjb}

## Multicurrency fields in the Benefit Plan Breakdowns form {#multicurrency-fields-demand__section_jbh_hz5_jjb}

{#multicurrency-fields-demand__table_rsj_jz5_jjb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Benefit in demand currency | Benefit incurred from demand in demand currency. |
| Demand currency exchange rate | Rate in effect for the period corresponding to the benefit plan breakdown in demand currency. |
| Demand currency exchange rate date | The reference date on which the currency exchange rate is applied for conversion. |
[Table 6. Benefit Plan Breakdowns form]

{#multicurrency-fields-demand__table_rsj_jz5_jjb}

## Multicurrency fields in the Expense Line form {#multicurrency-fields-demand__section_wbp_55j_kjb}

{#multicurrency-fields-demand__table_mnc_x5j_kjb__entry__2}

| Field | Description |
|-|-|
| Demand currency | Currency that you specified in the Demand currency field of the Demand form. |
| Amount in demand currency | Expense cost in demand currency. Amount entered in the Amount field is converted to demand currency. |
[Table 7. Expense Line form]

{#multicurrency-fields-demand__table_mnc_x5j_kjb}

## Multicurrency fields in the Demand Budget form {#multicurrency-fields-demand__project_funding_project_curr}

{#multicurrency-fields-demand__table_a3w_1mb_1kb__entry__2}

| Field | Description |
|-|-|
| Capex budget in Demand Currency | Planned expense amount allocated for capital expenditure in the selected currency. |
| Opex budget in Demand Currency | Operating expense amount in the selected currency in the selected currency. |
| Total Budget in Demand Currency | Sum of Capex and Opex amounts in the selected currency. |
[Table 8. Demand Budget form]

{#multicurrency-fields-demand__table_a3w_1mb_1kb}