In July 2021, AWS launched a revamped user interface for AWS Cost Categories, simplifying the process of creating and managing cost allocation rules. This new console experience provides a split-view panel that enhances the workflow for setting up Cost Categories rules and gives users an interactive preview of the allocation of month-to-date estimated charges based on these rules. In this guide, we will explore the key features of the new interface and provide tips for optimizing your cost management using AWS Cost Categories.
What are AWS Cost Categories?¶
AWS Cost Categories allow you to categorize your AWS costs based on rules that you define. This helps you to allocate costs to different cost centers, business units, or applications within your organization. By setting up Cost Categories rules, you can gain more visibility into your AWS spending and track costs more effectively.
Key Features of the New User Interface¶
Split-View Panel¶
The new interface for AWS Cost Categories includes a split-view panel that improves the process of setting up rules and provides an interactive preview of cost allocation. The split-view panel allows you to add or edit Cost Category rules and visualize the impact of these rules on cost allocation without leaving the main rules table view.
Rules Table¶
The rules table gives you an overview of all your Cost Categories rules, their prioritization, and the ability to search, filter, and reorder rules. By changing the priority of rules, you can control the order in which cost allocation is applied, ensuring that costs are allocated accurately according to your organization’s requirements.
Search and Filter¶
The new interface also includes search and filter functionalities that make it easier to locate specific rules or categories. You can search for rules based on keywords or filter rules based on criteria such as cost center, service, or tag. This makes it easier to manage a large number of rules and quickly find the information you need.
Interactive Preview¶
One of the most significant enhancements in the new interface is the interactive preview feature, which shows you how your Cost Categories rules are allocating costs in real-time. This allows you to verify that your rules are working as intended and make adjustments as needed to ensure accurate cost allocation.
Simplified Workflow¶
Overall, the new user interface streamlines the process of creating and managing Cost Categories rules. The split-view panel, rules table, search and filter functionality, and interactive preview make it easier to set up and control cost allocation, providing a more intuitive and efficient user experience.
Tips for Optimizing Cost Management with AWS Cost Categories¶
Define Clear Rules¶
When setting up Cost Categories rules, it’s essential to define clear and concise rules that align with your organization’s cost allocation requirements. Make sure each rule has a specific purpose and is easily understandable to all users who will be managing cost categories.
Prioritize Rules¶
By prioritizing rules in the rules table, you can control the order in which costs are allocated. Consider the hierarchy of your cost allocation requirements and adjust the priority of rules accordingly to ensure accurate and consistent allocation of costs.
Regularly Review and Adjust Rules¶
Cost allocation requirements may change over time, so it’s important to regularly review and adjust your Cost Categories rules. Use the interactive preview feature to verify that costs are being allocated correctly and make adjustments as needed to reflect changes in your organization’s cost allocation structure.
Leverage Tags and Metadata¶
Tags and metadata can be powerful tools for organizing and tracking costs within AWS. By incorporating tags into your Cost Categories rules, you can allocate costs based on specific criteria, such as department, project, or environment, making it easier to track and analyze spending.
Monitor and Analyze Cost Allocation¶
Use the AWS Cost Explorer and other cost management tools to monitor and analyze cost allocation based on your Cost Categories rules. By regularly reviewing cost allocation data, you can identify trends, optimize spending, and make informed decisions to control costs effectively.
Conclusion¶
The revamped user interface for AWS Cost Categories offers enhanced capabilities for creating and managing cost allocation rules. By leveraging the features of the new interface, such as the split-view panel, rules table, interactive preview, and search and filter functionality, you can streamline the process of cost management and gain greater visibility into your AWS spending. By following the tips outlined in this guide, you can optimize your cost management practices and ensure accurate and efficient allocation of costs within your organization.