---
sourceDocument: Australia IT Service Management
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/it-service-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia IT Service Management

ft:clusterId :

    - itsm

bundleId :

    - itsm

workflow :

    - Technology


---

# Service Portfolio Management service offering price

# Service Portfolio Management service
offering price {#ariaid-title1}

Release version: Australia  
Updated March 12, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
Service offerings inherit the pricing structure of the associated parent service. If the
price model for each service offering in Service Portfolio Management is defined in the
parent service as per unit, then each service offering must also have an associated price unit.
The actual price for that unit is established in the service offering record.

You can review service offering information regularly as a part of [Data Certification](https://www.servicenow.com/docs/access?context=c_DataCertification&version=australia&pubname=australia-servicenow-platform&ft:locale=en-US) and
workflow. For example, you can set up a certification to validate pricing for your service
offerings.

Forecast service usage and cost for a fiscal period to plan your future business using the Showback functionality of Financial Management.

To set a service offering price, navigate to Service Portfolio ManagementService Offerings and select an offering for which a defined pricing structure exists. Enter the
Price for the service price unit and update the record. You can also
type an optional description in the Unit description field of the
service offering record.

A Service Offering Cost unit is a unit of measurement of the service offering. For example, let's say your service is Microsoft Suite. The cost unit would be the number of users. It
could also be the API calls. A cost model that's Per unit refers to the price per unit. In this case, it would be the price per Microsoft Suite user or API call. The Estimated Spend for
the Per unit cost model is determined by the price per unit and units per period. A cost model that's Fixed refers to a predetermined and agreed-upon total cost. For example, you set a
specific price for your Microsoft Suite service and stick to it. The cost unit is still the same (users or API calls), but the Estimated Spend is determined by the agreed-upon price.

*[\>]: and then