Configure financials for Strategic Planning

  • Release version: Xanadu
  • Updated August 1, 2024
  • 1 minute to read

    • Configure the ServiceNow Internal integrations to view the financials for planning items in Strategic Planning.

    Before you begin

    Role required: admin

    Procedure

    1. Configure the attributes to generate labor costs in financials based on the resource assignments on the work items.
      For more information, see Planning attributes and Create or edit planning attributes.
    2. Generate default mapping configurations to create table maps.
      For more information, see Generate default mapping configurations.
    3. Enable financials for epics to work on financial planning.
      For more information, see Enable financials for planning items in Strategic Planning.
    4. Create new widgets to view the rolled up financial data at planning item level.
      For more information, see Configure a widget and associate it with project.
    5. Optional: Customize the left pane in the financials screen to match the requirements of your organization.
      For more information, see Customize the left pane view for financials.
    6. Optional: Customize the Create cost plan form fields to match the requirements of your organization.
      For more information, see Customise cost plan form.
    7. Customize the default expense types to manage cost plans for your planning items.
      For more information, see Change the default expense type for your planning items
    8. Define a custom prefix for your baseline name.
      For more information, see Create a custom prefix for baseline.
    9. Activate and define scheduled job to automatically migrate budget for your planning items.
      For more information, see Activate a scheduled job to migrate budget of your planning items.
    10. Activate and define a scheduled job to migrate financial baselines for your planning items.
      For more information, see Migrate financial baselines to Next Experience.
    11. Activate and define scheduled job to automatically create financial baselines for your planning items at a defined cadence.
      For more information, see Activate scheduled job to create financial baselines for planning items.
    12. Activate and define scheduled jobs to automatically generate labor costs for your planning items based on the attribute-based resource assignments at a defined cadence.
      For more information, see Activate scheduled jobs to generate labor costs for your planning items.