Use budget policies to track cloud spending, establish spending limits, and receive alerts when costs reach defined thresholds. This enables proactive cost management and helps prevent unexpected overruns.

budget based policy listing page

Create Budget-based Policy

Follow these steps to create a budget-based policy:

  1. Navigate to Setup > Account > Monitoring and select Alert Definitions. A list of all Template-Based Alert definitions** appears.
  2. Select the Budget Based tab and click +Add.

    Add Budget based policy page
  3. On the Add Alert Budget Policy page, provide the following details:

    Field NameDescription
    NameEnter a name for the budget policy.
    Applies ToSelect Provider Type, Cloud Account, or Tags.
    Cloud ProviderSelect AWS, Azure, or Google Cloud.
    Budget ScopeSelect Monthly or Annually.
    Budget limit ($)Enter the budget limit in dollars.
    WarningSet the warning limit. When the limit crosses the warning value, an alert is triggered by the budget policy. Default warning limit is 80% of the budget limit.
    CriticalSet the critical limit. Set the Critical warning limit. When the limit crosses critical value, an alert is triggered by the budget policy. Default warning limit is when the budget limit reaches 100%.
    Budget OwnerThe user to whom the alert needs to be sent. After the budget policy is created, an Escalation Alert Policy is automatically gets created, through which the budget owner gets alerts if the warning or critical threshold limits are breached.
  4. Click Add Policy. A confirmation message appears.