--- sourceDocument: Zurich Strategic Portfolio Management sourceDocumentLink: https://www.servicenow.com/docs/r/zurich/it-business-management Release : - zurich ft:locale : - en-US ft:publication_title : - Zurich Strategic Portfolio Management ft:clusterId : - itbm bundleId : - itbm workflow : - Technology --- # Configure financials for planning items in Strategic Planning # Configure financials for planning items in Strategic Planning {#ariaid-title1} * Release version: Zurich * * Updated July 31, 2025 * * ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes 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 [Using the Planning attributes](https://www.servicenow.com/docs/qvaZpDQ5wcZw08uNMZS91w "Planning attributes are designed to define and work on attribute-based resource mapping in Resource Management and to generate labor costs for these resources in financials.") and [Create or edit planning attributes](https://www.servicenow.com/docs/XMXyjU1N26r2toxiPGXOSg#configure-planning-attributes "Create or edit planning attributes to plan and forecast your resources and financials for a project."). 2. Generate default mapping configurations to create table maps. For more information, see [Generate default mapping configurations](https://www.servicenow.com/docs/4sOapvpZRSI0JNsEaVEOZg "Generate default mapping configurations to create table maps for the available applications."). 3. Enable financials for epics to work on financial planning. For more information, see [Enable financials for planning items in Strategic Planning](https://www.servicenow.com/docs/psAFb3Ond2tU02AfZH6hgw "EActivate financials for all the planning items to work on the financial estimates."). 4. Enable budget allocation and define a budget attribute, cost type or expense type, to allocate budget for your planning items. For more information see [Enable financial budget allocation for planning items in Strategic Planning](https://www.servicenow.com/docs/L6zMGTiL8YfcXeYXIYskWQ "Enable allocation property after migrating to Next Experience to work on budget allocation for your planning items using Strategic Planning.") and [Configure budget attribute at instance-level](https://www.servicenow.com/docs/3tiqWU_P0S2Y7_xvmF4Qyw "Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your planning items using Strategic Planning.") 5. Enable financial benefit planning for planning items in workspace view. For more information, see [Enable monetary benefit plans for planning items](https://www.servicenow.com/docs/rg4ePa6VGhPUEdCupHAITg "Enable the benefit plans property to create and manage benefit plans for planning items.") 6. Add the monetary and non-monetary benefit plans related lists for your planning items in workspace view. For more information, see [Add monetary and non-monetary benefit plans related lists](https://www.servicenow.com/docs/Q0pJivymzQKRUDG_mGgc2A "Enable the monetary benefit plans and non-monetary benefit plans related lists for your planning item types such as Epics, Features, and Capabilities."). 7. 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](https://www.servicenow.com/docs/dAjzsvgZKPFYbTXrOs7GYQ "Enable and associate a widget to view financial summary of work items at a high-level."). 8. **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](https://www.servicenow.com/docs/59BkMgw6JtMAEOfBf6mlhg "Customize the left pane for financials to view custom field information."). 9. **Optional:** Customize the Create cost plan form fields to match the requirements of your organization. For more information, see [Customise cost plan form](https://www.servicenow.com/docs/~6ZciBBg1hi5yQzdbUEKAg "Manage the fields required on the new cost plan form as per your organization needs."). 10. 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](https://www.servicenow.com/docs/w04y8f59JsjSHnmCzMvikw "Configure the default expense type to create or edit cost plans for your planning items.") 11. Define a custom prefix for your baseline name. For more information, see [Create a custom prefix for baseline](https://www.servicenow.com/docs/~toLT~219GB2hLDw46axFw "Modify the prefix to customize the name of the baselines for your planning items."). 12. Activate and define scheduled job to automatically migrate budget for your planning items. For more information, see [Activate a scheduled job to migrate budget to Next Experience](https://www.servicenow.com/docs/MZXAkuzGv4Fm7QWgMy4TcQ "Activate the Migrate budget for active demands and projects scheduled job to migrate budget of active planning items from Classic UI to Next Experience."). 13. Activate and define a scheduled job to migrate financial baselines for your planning items. For more information, see [Migrate financial baselines to Next Experience](https://www.servicenow.com/docs/~WjZLy8uzjdu98X45FXyyw "Migrate the financial baselines of your project to Next Experience to manage the financial using Project Workspace."). 14. 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](https://www.servicenow.com/docs/ouPMSJKvxpGTpJh2W9v8Tw "Activate and define a scheduled job to automatically create financial baselines for your planning items at a required cadence."). 15. 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 job to generate labor costs](https://www.servicenow.com/docs/JEZn1xPMHQQG0SAisQlbgQ "Activate scheduled jobs to automatically generate labor costs for attribute-based resource assignments.").