Making logical and informed purchases is a necessary part of cloud cost management, just like it is for any other function inside a business. As a result, it’s crucial to educate team members on shared accountability, a topic we’ve already covered on our blog.
Internal transparency starts with increasing the team’s understanding of its role in cost generation. A cost allocation model can be developed using a variety of methods. However, it is important to note the AWS-recommended best practices.
AWS Cloud specialists concentrated on these 3 areas:
- the tagging,
- the common cost reporting,
- the AWS account structure.
Account structure in AWS
From the perspective of AWS’s organizational hierarchy and well-designed structure, the first issue is of utmost importance. Additionally, it has to do with security. The AWS Multiple Account Security Strategy explains how to set up a suitable organizational structure for accounts.
You can customize AWS’s distinctive account structure using the security policies you require with the aid of services like AWS Identity and Access Management (IAM), AWS Control Tower, and AWS Organizations.
We can establish users with AWS IAM, manage and maintain their identities, and set user access restrictions for particular AWS services and tasks. You may rapidly set up and share an environment with numerous accounts using AWS Control Tower, and you can implement best practice guidelines to setup parameters like::
- network configuration,
- centralized logging and account baseline deployment with federation access.
You can build a comprehensive view of your organization’s accounts using AWS Organizations to match your business needs. It also enables resource pooling, billing consolidation, and central account administration.
TAGGING
You can add metadata to AWS resources by tagging them. This makes it simple to create the key and tag value for a specific resource, allowing for effective resource management, filtering, and searching. The linked whitepaper contains a description of the best practices.
In the service console or API interface, tags can be added, edited, or deleted. Use the AWS Tag editor instead, which enables simultaneous setting of many resources with the aforementioned features. We may activate the cost allocation tags in the Billing and Cost Management console after creating the resource tags.
These tags can be categorized in two different ways:
- automatically created by AWS,
- user-defined.
What are the benefits of this tagging? Furthermore, logical grouping of accounts and resources is made possible by such tagging, which improves the mapping of cost and use of information in the organizational structure.
It is crucial to begin the tagging process as soon as infrastructure building gets underway. AWS Organizations Service Control Policies (SCPs) can be used to enforce the use of tags and ensure consistency in their use in order to maintain control over the process.
COST REPORTING IN GENERAL
The final problem is disclosing shared expenses. AWS Cost Categories can be used to classify shared resources, and they are an excellent way to do it.
AWS Cost Explorer and AWS Cost and Usage Reports, which will provide information on costs and consumption at the proper degree of detail, are two more tools that are worthwhile adding. You might think about consulting an AWS certified partner to save costs in the AWS cloud.
AWS has released a lot of studies about cloud computing and money. By consistently assisting its clients, it promotes improved organization and the production of cost-incurred report. Each cloud customer can tailor the cost allocation to their needs with the help of the AWS best practices and tips. You may get answers to a lot of issues about expenses in the AWS cloud on the blog AWS Cost Management, which has been created especially with this topic in mind.
Send a question to contact@lcloud.guru to get assistance from us, a partner in the Advanced status and the Well-Architected program.
