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

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    - yokohama

ft:locale :

    - en-US

ft:publication_title :

    - Yokohama Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Enable financial budget allocation for projects in Project Workspace

# Enable financial budget allocation for projects in Project Workspace {#ariaid-title1}

* Release version: Yokohama
* 
* Updated January 30, 2025
* 
* ![](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 projects using Project Workspace.

## Before you begin

* For new customers accessing financials in Next Experience, this property is enabled by default.
* Role required: admin
{#enable-fin-budget-pws__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](https://www.servicenow.com/docs/SwkdMBScQ8JL5gjvH5_0sw "Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your projects using Project Workspace.").
* **[Configure budget attribute at instance-level](https://www.servicenow.com/docs/SwkdMBScQ8JL5gjvH5_0sw)**   
  Configure the budget attribute by expense type or cost type as an instance-level to work on budget allocations for your projects using Project Workspace.

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