---
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


---

# Enable financial budget allocation for projects in Project Workspace

# Enable financial budget allocation for projects in Project Workspace {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Enable allocation property after migrating to Next Experience to work on budget allocation for your projects using Project Workspace.

## Before you begin

* For new customers accessing financials in Next Experience, this property is enabled by default.
* Role required: admin
{#enable-fin-budget-pws__ul_qjb_vsh_dcc}

## 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.enable_budget_allocation_v2 property.
3. Update the Value field to True and select Update.

## What to do next

Configure budget attributes to work on managing budget of your planning items. For more information, see [Configure budget attribute at instance-level](https://servicenow-prod.fluidtopics.net/PpP8d9X7e2ioWyZwnHK2yA "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.").
* **[Configure budget attribute at instance-level](https://servicenow-prod.fluidtopics.net/PpP8d9X7e2ioWyZwnHK2yA)**   
  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.