--- title: Enable financial budget allocation for planning items in Strategic Planning description: Enable allocation property after migrating to Next Experience to work on budget allocation for your planning items using Strategic Planning. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/scenario-planning-in-spw/enable-fin-budget-spw.html release: australia product: Scenario Planning in SPW classification: scenario-planning-in-spw topic_type: task last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Configure financials for planning items Strategic Planning, Configure, Portfolio Planning in Strategic Planning Workspace, Strategic Planning, Strategic Portfolio Management] --- # Enable financial budget allocation for planning items in Strategic Planning Enable allocation property after migrating to Next Experience to work on budget allocation for your planning items using Strategic Planning. ## 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/scenario-planning-in-spw/config-budget-allocation-attribute-spw.md).