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

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    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Enable financial budget allocation for planning items in Portfolio Planning

# Enable financial budget allocation for planning items in Portfolio Planning {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](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 planning items using Portfolio Planning.

## Before you begin

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

## Procedure

1. Navigate to AllSystem PropertiesProperties.
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 to allocate budget](https://www.servicenow.com/docs/I6BHtQ9mKIZ5Sw7U4F1ORQ "Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your planning items using Portfolio Planning.").

*[\>]: and then