Create Cost Budget

Create Cost Budget Tutorial

In this section, you will practice creating a Cost Budget.

Create Cost Budget

New accounts can only create the Cost Budget section; subsequent sections can be skipped.

  1. Log in to the AWS Management Console admin page and select the Billing and Cost Management service in the search bar.

  2. In the admin page, select Budgets.

  3. Select Create budget.

    Billing Service

  4. For Budget setup:

    • Select Customize
    • Budget types: select Cost budget
    • Select Next

    Billing Service

    Billing Service

  5. In the Set your budget interface:

    • For Budget name, enter Monthly

    Billing Service

    • Period: select the time period for Budget by Day (Daily), Month (Monthly), Quarter (Quarterly), and Year (Annually)
    • Budget effective dates:
      • Select Recurring Budget if you want this Budget to be repeated periodically
      • Select Expiring Budget if you only want the Budget to be booked only once.
      • All time zones are UTC.
    • Section Specify your monthly budget:
      • Choose Fixed if you want the budget of each term to be the same
      • Choose Monthly Budget Planning if you want the budget of each term to be different
      • Budgeted amount: enter the amount corresponding to your budget.
        • Note: if you select Monthly Budget Planning, you will have to enter a budgeted amount for each term.

    Billing Service

  6. For Budget scope, select All AWS services. Then select Next

    Create Cost Budget

  7. For Configure alerts, select Add an alert threshold. Select Next

    Create Cost Budget

  8. Configure Alert and select Next

    Create Cost Budget

  9. Select Next

    Create Cost Budget

  10. Select Create budget

    Create Cost Budget

  11. Create a successful budget.

    Create Cost Budget