Billing And Cost Management

AWS Billing and Cost Management

• Introducing AWS Billing and Cost Management

  • Service used to pay AWS bill, monitor usage, budget costs
  • Forecast and understand future costs and usage
  • Set custom time period and view data at monthly/daily level
  • Filter and group functionality for analyzing data
  • Cost and Usage Report Tool identifies optimization opportunities

• AWS Billing Dashboard

  • View month-to-date AWS expenditure status
  • Identify services accounting for majority of overall expenditure
  • Understand cost trends
  • Key components:
    • Spend Summary - shows last month’s spend, current month-to-date costs, monthly forecast
    • Month-to-Date Spend by Service - shows top services and proportion of costs

• Tools

  • AWS Bills
  • AWS Cost Explorer
  • AWS Budgets
  • AWS Cost and Usage Report

• Monthly bills

  • AWS Bills page lists costs incurred over past month for each service
  • Breakdown by AWS Region and linked account
  • Access to up-to-date information on costs and usage
  • Detailed breakdown of AWS services used

• Cost Explorer

  • View AWS cost data as a graph
  • Visualize, understand, and manage costs/usage over time
  • Default report shows costs/usage for top cost-incurring services
  • Monthly running costs report shows 3-month history
  • Provides forecasted numbers with confidence interval
  • Free tool that enables you to:
    • View cost charts
    • View cost data for past 13 months
    • Forecast likely spend over next 3 months
    • Discover spending patterns and problem areas
    • Identify most-used services
    • View metrics (busiest Availability Zones, most-used accounts)

• Forecast and track costs (AWS Budgets)

  • Uses Cost Explorer visualization to show budget status
  • Provides forecasts of estimated costs
  • Create notifications when exceeding budget or when estimated costs exceed budget
  • Track at monthly, quarterly, or yearly level
  • Customize start and end dates
  • Send budget alerts via email or Amazon SNS

• Cost and usage reporting

  • Comprehensive information about AWS costs and usage
  • Lists usage for each service category by account/users
  • Hourly or daily line items
  • Any tax activated for tax allocation purposes
  • Option to publish billing reports to S3 bucket (updated once daily)

AWS Billing and Cost Management provides tools to monitor, analyze, and optimize AWS spending. Features include detailed bills, cost visualization, budget tracking, and comprehensive usage reporting to help manage cloud expenses effectively.