Expanding disk size for macOS Monterey M1 VM on macOS Monterey M1 Host

Hello,

I was just wondering if there's any way to expand the storage for macOS 12 VM from macOS 12 Monterey M1 host..
What I'm trying to do is installing Xcode on VM. Am I missing something or is this feature not available yet? Please let me know..

The product I'm currently using is Parallels Desktop Business edition but its UI looks quite different from what I've seen on Intel macOS since I downloaded macOS from Installation Assistant. As far as I know, 'configure' option was provided to expand disk size.

Thanks.

 

Thank you so much! I found that Manual Installation has the argument for disk size.