Creating a New Budget

You can create budgets on the Budgets page by clicking New Budget.

To create a new budget

1. Click Cloud > Budgets to show the budgets list for your tenant.
2. Click New Budget.

The New Budget slideout opens where you can specify a name for your budget, set its date range, choose between amortized and unamortized, determine how budget data will be grouped, and enter budget data.

3. In the Budget Name box, enter a name for the budget.
4. Select the start and end dates:
Start - Month/Year sets the beginning for your date range.
End - Month/Year sets the ending for your date range.
5. Choose a Cost Amortization setting by choosing one of the following:
Amortized—One-time and upfront costs are spread evenly over the term of the item purchased.
Unamortized—One-time and upfront costs are shown at the time of purchase.
6. Click Next.
7. Choose up to three dimensions to use for budget Data Grouping:
a. To view dimensions you can group data by, click the following icon:

b. Select the checkboxes next to the dimensions that you want to use. The following dimensions are supported:

Cloud:

Cloud Vendor
Cloud Vendor Account

Resources:

Availability zone
Billing Account ID
Database Edition
Database Engine
Deployment Option
Instance Type Family
License Model
Line Item Type
Meter Category
Operating System
Product Order Name
Region
Resource Group
Resource Type
Service
Service Family
Any rule-based or tag dimensions. See Working With Rule-Based Dimensions
8. Optionally, create a budget Filter to include or exclude any spend in your budget. For example, you can use the filter to include only a specific Cloud Vendor or to exclude spend such as Tax or Support charges.

Important:The Filter settings are only available in the current step of the Budget Wizard. After you create the budget, these budget filter settings cannot be changed.

9. Click Next. The Confirm Configuration page opens.
10. Review your settings for the new budget, and click Confirm.

Confirm these settings to lock in the date range and data grouping settings and to start entering budget data.

Important:After you confirm the budget date range and data grouping settings, these dates and dimensions cannot be changed.

11. Enter budget data for each data grouping dimension for each month in the date range.

Note:Any budget data field that is blank will be treated as $0.00. Any rows that are blank will be treated as unbudgeted.

12. Click Save.

After the new budget is created, it appears in the budget list on the Budgets page.