Budget Setup

A cloud budget is a predefined limit set by an organization to control expenses related to cloud computing. It involves estimating resource usage and costs, monitoring actual usage, and making adjustments as necessary to stay within the budget. Its primary purpose is to prevent overspending on cloud services.

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Budget periods for the same account must not overlap, ensuring that each budget is clearly defined within its designated timeframe. Refer Budget concepts in CloudThrottle.

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Create Budget:

1. In the CloudThrottle Console, navigate to the "Cost Management" menu.
2. Click on the "Budget Setup" menu to navigate to "Budget Setup" Page.
3. Select Account in "Action" Column to set up schedule.
4. Click on "Create Budget" Button.
5. Select Existence Status, Account Name, Component from the drop down.
6. ~If you select Budget "Exist" enter total "Consumed Amount" till this point from the total Budget Amount.
7. Enter Budget Name, Budget Amount, Start Date, End Date Consumption Amount.
8. ~Currently supported Budget Type is "Cost budgets – how much you want to spend on a services"
9. ~Budget Period - Currently supported "Monthly" to sync up with monthly Billing
10. Budget Thresholds defaulted from Global Settings - Read only field.
11. Click on "Create" Button to create budget.

View Active Budgets:

1. In the CloudThrottle Console, navigate to the "Cost Management" menu.
2. Click on the "Budget Setup" menu to navigate to "Budget Setup" Page.
3. Click on "Active Budget" Tab to view Active Budgets

Modify Budget:

1. In the CloudThrottle Console, navigate to the "Cost Management" menu.
2. Click on the "Budget Setup" menu to navigate to "Budget Setup" Page.
3. Click on "Active Budget" Tab to view Active Budgets
4. Select Budget to Modify. Refer "Budget Concept" for Modification Information
5. Click on "Modify" Button
6. Update "End Date" and/or "New Amount"
7. Click on "Modify" Button to update existing budget

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For transparency and accountability, every action within this Module is tracked to monitor changes. Refer to the Important Concept article for more information.

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Delete Budget:

1. In the CloudThrottle Console, navigate to the "Cost Management" menu.
2. Click on the "Budget Setup" menu to navigate to "Budget Setup" Page.
3. Click on "Active Budget" Tab to view Active Budgets
4. Under "Action" column Click on "three-dots" and then select "Delete" Button
5. Confirm the Deletion

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