Budgets

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Budgets are scoped at the View level, making it simple to track Business Units independently. They are also tied to a particular cost basis. Most customers will start with Cash. If your organization buys a lot of partial or all-upfront RIs, you can use Amortized to have a better indication if your spending is trending differently. If you have Custom Pricing calibrated in Cloudability , you might prefer Adjusted or Adjusted Amortized.

Use Case

You can set up multiple sets of views - tracking Environment with one set of views (for example, Development, Staging, and Production) and feature-level divisions with another set of views (RI planner, Rightsizing, Workload Placement, Automation). You can also create multiple budgets for a given view, for example, showing Annual Budget as well as Quarterly Stretch Goal for the spending covered under the Engineering view.

Customize the Budgets Dashboard

Navigate to Plan > Budgets

To create a new budget, select New Budget button.

Enter the appropriate values and Save .

You can perform the following actions:

  • Subscribe to set up notifications if you are on track to exceed your budget in the current month and if you have exceeded your budget in the current month.
  • Edit a budget.
  • Delete a budget.

Setting up Email Notifications for Budget

Follow these steps to set up the Email Notification for budget alerts:

  1. Navigate to Plan > Budget > Click on Subscribe at top right.

  2. On left panel, click 'Add Notification'.

  3. Select the View and Budget for which you want to receive the alert. Select 'Expected to Exceed' and/ or 'Exceeded' and Save.

  4. The frequency of alert would depend on Email preferences of the user (whether daily, weekly, monthly or quarterly).