---
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


---

# Monetary benefit plan form

# Monetary benefit plan form {#ariaid-title1}

* Release version: Zurich
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes to read

Summarize  
![AI sparkle icon](https://servicenow.com/docs/portal-asset/ai-sparkle-icon) Summarized using AI  
This content was generated using new OpenAI-powered functionality. Results are provided on an as is basis and are not guaranteed to be accurate or complete.  

## Summary of Monetary benefit plan form

The Monetary Benefit Plan form in ServiceNow enables you to create and manage monetary benefit plans associated with specific demands.
This form helps you define, categorize, and track financial benefits realized from demand initiatives, ensuring alignment with fiscal periods and currency considerations.
Show full answer Show less  

## Key Features

* **Name and Work Demand:** Assign a unique name to the benefit plan. The associated demand is automatically linked to the plan.
* **Sponsor:** Identify the sponsor responsible for the demand.
* **Category and Subcategory:** Classify benefits as either *Hard* (revenue-oriented) or *Soft* (value-oriented), with subcategories dependent on the selected category.
* **Benefit Type:** Specify whether the benefit is monetary or non-monetary.
* **Offset Type:** Define when benefits start realizing relative to demand milestones, start, or end dates. Changing the offset type dynamically adjusts the benefit plan start date accordingly.
* **Fiscal Periods:** Set and edit starting and ending fiscal periods, which directly affect benefit breakdown values across periods.
* **Associated Benefit and Description:** Link to related benefits and provide a summary description for clarity and tracking.

## Financials Section

* **Entered Benefit and Currency:** Input the estimated monetary value of the potential benefit and select its currency. If this differs from the functional currency, conversion uses the configured budget reference rate.
* **Functional Currency:** The default currency for financial management and demand tracking within your ServiceNow instance.
* **Total Planned Benefit:** Aggregated benefit value calculated from detailed benefit breakdowns over fiscal periods.
* **Benefit in Functional Currency:** Reflects the entered benefit value converted into the functional currency for consistency in financial reporting.
* **Actual Benefit:** Tracks the realized benefit value, providing a comparison point against planned benefits.
* **Recurring:** Indicates if the benefit recurs in each fiscal period, important for ongoing benefit tracking and forecasting.

## Practical Application

ServiceNow customers can use the Monetary Benefit Plan form to accurately plan, monitor, and report on financial benefits tied to demands. The form's integration with fiscal periods and currency management ensures that benefit realization aligns with organizational financial cycles and reporting standards. Adjusting offset types and fiscal periods allows for dynamic benefit scheduling that responds to changes in demand timelines.  
The benefit plan form enables you to create monetary benefit plans for a demand.
{#monetary-benefit-plan-form-ppw__table_demand_benefit_plan_form__entry__2}

| Field | Description |
|-|-|
| Name | Name of the benefit plan. |
| Work | Demand associated with the cost plan. This field is automatically set to the associated demand. |
| Sponsor | Sponsor for the demand. |
| Category | Type of the monetary benefit. The available values are: * Hard: Benefits measured in terms of revenue. * Soft: Benefits measured in terms of value. {#monetary-benefit-plan-form-ppw__ul_ekd_dzl_qy} |
| Sub category | Subcategories of hard and soft benefits. The selection in the Category field determines the available options in this field. |
| Benefit type | Type of the benefit. The available values are: * Monetary benefits * Non-monetary benefits {#monetary-benefit-plan-form-ppw__ul_mqc_ymw_1kc} |
| Offset type | Indicates when the benefits start realizing. If the value in the selected offset type changes, the benefit plan start date shifts accordingly. The available values are: * None * Milestone * Start Date * End Date {#monetary-benefit-plan-form-ppw__ul_pst_cnw_1kc} For example, set the offset type to End Date. If the demand due date changes, the benefit plan start date shifts to align with the new due date. |
| Start fiscal period | Starting fiscal period. Populated based on values in the Offset field relative to the selected demand start date or demand end date, and the Duration in period values. The field is editable if you select None in the Offset type field. When you change the start fiscal period, the associated benefit breakdown values also change. |
| End fiscal period | Ending fiscal period. When you change the end fiscal period, the associated benefit breakdown values also change. |
| Associated benefit | Benefits associated with this benefit plan. |
| Description | Summary of the benefit plan. |
[Table 1. Benefit plan form]

{#monetary-benefit-plan-form-ppw__table_demand_benefit_plan_form} {#monetary-benefit-plan-form-ppw__table_svx_dn3_fdc__entry__2}

| Field | Description |
|-|-|
| Entered benefit | Estimated amount of the potential benefit. Any change in the planned benefit on the benefit plan updates the associated benefit breakdown values for future fiscal periods. |
| Entered currency | Currency for the benefit plan. If the selected currency differs from the default currency configured in the Financial Management application, the budget reference rate is used to calculate the financial benefit of the demand. For more information, refer to [budget reference rate](https://www.servicenow.com/docs/dgkM_7c~V3txqGfjjUjLkA "The support for use of multiple currencies provides conversions for budget items in different currencies."). |
| Functional currency | Default currency configured in the Financial Management application and used for managing the demand. |
| Total planned benefit | Total benefit value rolled up from the benefit breakdown. |
| Benefit in functional currency | Benefit incurred from the demand in functional currency. The value in this field changes if the Entered currency differs from the functional currency. |
| Actual benefit | Actual benefit value rolled up from the actual benefit in the benefit breakdown. |
| Recurring | Indicates if the benefit is recurring for each fiscal period in the benefit breakdown. |
[Table 2. Financials section]

{#monetary-benefit-plan-form-ppw__table_svx_dn3_fdc}