---
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


---

# Configure financials for demands

# Configure financials for demands {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Financial planning settings for demands include the financials view, planning attributes, and scheduled jobs.

## Configuration overview {#configure-demand-financials-ppw__cf-config-parent-checklist}

Define the following items for financials Next Experience for Demand Management.

* Define the multicurrency settings for the financials fields. See [Multicurrency in Next Experience for Demand Management](https://servicenow-prod.fluidtopics.net/6vGdtlSx9ylyfX3_0rUTdw "Manage and track demand financials in your corporate currency, regional currency, or project currency using the multicurrency feature.").
* Enable the budget allocation for demands. See [Enable financial budget allocation for demands](https://servicenow-prod.fluidtopics.net/YpFLEv8J_HGeIpV~hJeM3Q "Enable allocation property after migrating to Next Experience to work on budget allocation for your demands.").
* Define the budget allocation attribute to allocate budget by cost type or expense type. See [Configure budget attribute at instance level](https://servicenow-prod.fluidtopics.net/JzXaAFInPfivfG0IdAm6eQ "Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your demands.").
* Enable monetary benefit plans for demands. See [Enable monetary benefit plans for demands](https://servicenow-prod.fluidtopics.net/MbKpOu~tlAcIsdEsnvBz8Q "Enable the benefit plans property to create and manage benefit plans for demands.").
{#configure-demand-financials-ppw__cf-config-parent-tasks-ul}