---
sourceDocument: Brazil Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/it-business-management

 Release :

    - brazil

ft:locale :

    - en-US

ft:publication_title :

    - Brazil Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Legacy- Create a budget period

# Legacy- Create a budget period {#ariaid-title1}

Release version: Brazil  
Updated September 10, 2026  
![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read  
The budget period controls the promotion of the budget plans. Budget plans created
for a fiscal year can be promoted only if the budget period is open.

## Before you begin

Role required: itfm_plan_analyst, admin

## Procedure

1. Navigate to AllFinancial PlanningAdministrationBudget Periods.
2. Click New in the Budget Periods list view.
3. Enter a Budget period from the choice list.
4. Enable the Open check box.  
   Enabling the check box sets the value to true and opens the budget period for you to promote the budget plans created for a fiscal year.
5. Click Submit.

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