---
title: Enable financial budget allocation for projects in Project Workspace
description: Enable allocation property after migrating to Next Experience to work on budget allocation for your projects using Project Workspace.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/project-workspace/enable-fin-budget-pws.html
release: australia
product: Project Workspace
classification: project-workspace
topic_type: task
last_updated: "2026-03-12"
reading_time_minutes: 1
breadcrumb: [Configure financials for Project Workspace, Configure, Project Workspace, Project Portfolio Management, Strategic Portfolio Management]
---

# Enable financial budget allocation for projects in Project Workspace

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

## Procedure

1.  Navigate to **All** and type in **sys\_properties.list** in the filter box.

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://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-workspace/config-budget-allocation-attribute-pws.md).

-   **[Configure budget attribute at instance-level](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-workspace/config-budget-allocation-attribute-pws.md)**  
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.

**Parent Topic:**[Configure financials for Project Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/project-workspace/config-fin-pws.md)