Creating a budget - Amazon Cost Management
Billing view prerequisites and monitoringTutorials
Services or capabilities described in Amazon Web Services documentation might vary by Region. To see the differences applicable to the China Regions, see Getting Started with Amazon Web Services in China (PDF).

Creating a budget

You can create budgets to track and take action on your costs and usage. You can also create budgets to track your aggregate Reserved Instance (RI) and Savings Plans utilization and coverage. By default, single accounts, the management account, and member accounts in an organization can create budgets.

When you create a budget, Amazon Budgets provides a Cost Explorer graph to help you see your incurred costs and usage. If you didn't enable Cost Explorer yet, this graph is blank and Amazon Budgets will enable Cost Explorer when you create your first budget. You can create your budget without enabling Cost Explorer. It can take up to 24 hours for this graph to appear after you or Amazon Budgets enable Cost Explorer.

You can create and set up a budget in two ways:

Billing view prerequisites and monitoring

Amazon Budgets supports billing views, allowing you to create and manage budgets based on filtered cost and usage data across multiple accounts within your organization. When creating a budget, you can select a billing view to define the scope of cost and usage data the budget will track. For more information on controlling access to cost management data using billing views, see Controlling cost management data access with Billing View.

Before you use billing views with budgets, consider the following permissions requirements:

  • For cross-account billing views, the source account administrator must grant:

    • budgets:ModifyBudget permission on the billing view to allow target accounts/users to create budgets

    • billing:GetBillingViewData permission to access the billing view data

  • Target accounts/users also need:

    • iam:CreateServiceLinkedRole permission for the Budgets service principal (budgets.amazonaws.com):

      {
"Version": "2012-10-17",
    "Statement": [
        {
            "Effect": "Allow",
            "Action": "iam:CreateServiceLinkedRole",
            "Resource": "arn:aws:iam::*:role/aws-service-role/budgets.amazonaws.com/AWSServiceRoleForBudgets",
            "Condition": {"StringLike": {"iam:AWSServiceName": "budgets.amazonaws.com"}}
        },
    ]
}

  • The service-linked role monitors the health status of your billing view access:

    • HEALTHY: Indicates the budget has proper access to the billing view data

    • UNHEALTHY: Indicates the budget cannot access the billing view data, which might occur if permissions have been revoked or the view has been deleted. Reasons for unhealthy status can be:

      • BILLING_VIEW_NO_ACCESS: Indicates that access to the billing view associated with the budget has been removed (unshared) or the view was deleted.

      • INVALID_FILTER: Indicates that the budget's filter is invalid. This occurs when a management account becomes a linked account but has a budget that references an account outside their organization. In this situation, budget spend updates are paused.

Tutorials

You can also use our walk-through tutorials to learn how to achieve your objectives with Amazon Budgets.

To access tutorials

  1. Open the Billing and Cost Management console at https://console.amazonaws.cn/cost-management/.

  2. In the navigation pane, choose Budgets.

  3. Next to Overview, choose Info.

  4. In the help panel, choose Tutorials.