---
title: Project currency in cost and benefit plans
description: The currency fields in cost and benefit plans defaults to the project currency of the project.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/project-management/project-currency-cost-benefit-plans.html
release: australia
product: Project Management
classification: project-management
topic_type: reference
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Multicurrency fields in project-related forms, Project Management reference, Project Management, Project Portfolio Management, Strategic Portfolio Management]
---

# Project currency in cost and benefit plans

The currency fields in cost and benefit plans defaults to the project currency of the project.

## Entered currency field in cost and benefit plans

The **Entered Currency** field of the cost plan defaults to the project currency of the project if multicurrency plugin is installed, irrespective of the views – default or functional currency. However, if multicurrency plugin is not installed, the **Entered currency** field of the cost plan defaults to the functional currency of the project.

Similarly, the **Entered Currency** field of the benefit plan defaults to the project currency of the project if multicurrency plugin is installed, irrespective of the views – default or functional currency. However, if multicurrency plugin is not installed, the **Entered Currency** field of the benefit plan defaults to the functional currency of the project.

**Related topics**  


[Enable project currency view in project-related forms](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-management/enable-project-currency-view.md)

[Updates in cost plan and recalculation of cost in project currency](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-management/change-cost-calculated-project-currency.md)

[Multicurrency in Project Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-management/multicurrency-pps.md)