Creating Budgets and Configuring Alerts

Example

Suppose that you want to create a monthly budgeted amount of $1,200 USD for pay-per-use ECSs, and to receive an alert if the forecasted amount exceeds 80% of the budgeted amount.

Enable forecasting before creating a forecasting-based budget. For details, see Forecasting.

Step 1: Creating a Budget

1. Log in to Cost Center.
2. Choose Budgets.
3. Click Create Budget.
4. Select Cost budget and click Next.

   

5. Configure budget details.

   

6. Define the budget scope and click Next.

   

7. Set alert thresholds and recipients, and click Next.

   

   • Actual cost >: If the actual cost reaches a certain amount or a certain percentage of a budgeted amount, an alert will be reported.
   • Forecasted >: If the forecasted cost reaches a certain amount or a certain percentage of a budgeted amount, an alert will be reported.

8. Confirm your budget settings and click Save.

Step 2: Viewing Alerts

If your forecasted cost exceeds the alert threshold (80% of the budgeted amount), an alert is generated. The following two options are available: