How to do it…

  1. Log in as an IAM user who has the rights to create budgets (not as the root user!) and navigate to the My Billing Dashboard via the user menu, which can be accessed by clicking on your name in the top right.
  2. The Billing dashboard displays your up-to-date usage for the month. Click on Budgets on the left-hand menu.
  3. When you first arrive at the Budgets console, there will be no budgets to display.
    Click on the Create budget button to get started.
  4. Start by filling out the budget details, such as Cost for the measurement type, Monthly for the period, and the budget amount. Select the Start date (which defaults to the first of the current month) and (optionally) the End date. Leave the End date field blank to create a rolling budget that is reset each month.
  5. Next, enter the notification details. This includes the threshold for notification, which we will set to 80% (of our budget) in forecasted use. For email notifications, simply enter the email addresses you want to receive the notifications. Click Create when you're finished.
  6. You will be returned to the Budgets section of the Billing dashboard, and you will be able to see your newly created budget.
  7. For each of the budgets you create, you can select it to view its full details.
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