---
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 financial budget type

# Configure budget attribute at instance-level {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your projects using Project Workspace.

## Before you begin

* Enable the budget allocation property to work on budgeting for projects. For more information, see [Enable financial budget allocation for projects in Project Workspace](https://servicenow-prod.fluidtopics.net/sehrBVue9NFgKZPAnFG1KA "Enable allocation property after migrating to Next Experience to work on budget allocation for your projects using Project Workspace.").
* Role required: admin

{#config-budget-allocation-attribute-pws__ul_dkf_wsh_dcc}  
Important:  
Existing customers cannot change the budget attribute to cost_type.

## Procedure

1. Navigate to All and type in sys_properties.list in the filter box.
2. Filter the Name column to locate and open sn_invst_pln.budget_allocation_attribute property.
3. Update the Value field to one of the following.
   * cost_type - view financials by cost types such as Hardware Opex, External labor Capex, Software Capex, Software Opex, and so on.
   * expense_type - view financials by expense types such as Capex and Opex.
   {#config-budget-allocation-attribute-pws__choices_px2_3th_dcc}
4. Select Update.