Functions

Cost Center is a free financial management service provided by Huawei Cloud. It offers a suite of tools to help you track, analyze, and explore your Huawei Cloud costs and usage. It also helps you detect cost anomalies to reduce unexpected expenditure spikes and find cost-saving opportunities.

The following table describes the functions offered by Cost Center.

Module			Function	Reference
	Overview		Gives you quick access to common functions in Cost Center.	Overview
	Cost Assistant		Offers maturity scores and insight recommendations to help you manage costs better.	Cost Assistant
	Getting Started		Presents best practices for cloud financial management in common scenarios.	Getting Started
Cost Insights	Cost Analysis		Analyzes costs with preconfigured or custom reports, shows cost breakdowns and trends, and forecasts your costs.	Cost Analysis
	Cost Anomaly Detection		Identifies any unexpected cost spikes and sends you alerts.	Cost Anomaly Detection
	Cost Details Export		Allows you to export original costs, amortized costs, and usage details to OBS (in OBT).	Cost Details Export
Cost Organization	Cost Tags		Identifies and manages your resources by tag. Tags can be activated to become cost tags. The cost tags can then be used to group costs for cost analysis and budget management.	Cost Tags Activating Cost Tags
Cost Organization	Cost Categories		Allows you to create custom rules to map costs to Huawei Cloud cost allocation methods (linked accounts, enterprise projects, cost tags, and cost categories), helping you manage costs from your own service perspective.	Cost Categories
Budget Management	Budgets		Quickly create budgets for service types or business units, zero spend budgets, or create custom budgets with parameters specific to your use case. You can configure alerts to warn you if your budget has been exceeded or is forecasted to be exceeded.	Budgets
Budget Management	Budget Reports		Allows you to create daily, weekly, and monthly budget reports so you can track the performance of your budgets.	Budget Reports
Cost Optimization	Summary		Identifies the opportunities for resource optimization, billing mode changing, and cost savings.	Cost Optimization
	Savings Plans	Summary	Helps you review savings plans-saved costs and optimization opportunities and view your inventory of all savings plans.	What Are Savings Plans?
		Utilization & Coverage Analysis	Analyzes how savings plans are applied to your usage to help you determine whether they are fully utilized. You can also check how much of your pay-per-use usage is covered by savings plans to determine whether they are enough.	Viewing the Usage of Savings Plans
		Purchase Recommendations	Generates recommendations for purchasing savings plans based on your historical pay-per-use usage.	Following Cost Optimization Recommendations
	Reserved Instances	Utilization & Coverage Analysis	Analyzes how reserved instances are applied to your usage to help you determine whether they are fully utilized. You can also check how much of your pay-per-use usage is covered by reserved instances to determine whether they are enough.	Analyzing RIs
Preferences	Cost Amortization		Allows you to split some of CDN, WSA, and Live traffic costs by domain name.	Enabling Cost Splitting
	Pay-per-Use to Yearly/Monthly		Identifies cost optimization opportunities by analyzing your historical pay-per-use expenditures.	Changing Pay-per-Use to Yearly/Monthly
	Hourly Cost Analysis		Presents original costs by the hour from the last 14 days.	Viewing Cost Analyses
	Monthly Multi-Year Cost Analysis		Presents monthly analysis of cost data going back as far as the last 38 months.	Viewing Cost Analyses
Other	IAM		Implements fine-grained permission management to isolate permissions of different employees.	Permissions
Other	Bill		Presents the overview or details of your Huawei Cloud expenditures. It records your expenditure history and can be used for reconciliation.	Bills