Financial Budget to Cloud Allocation

FinOps Center is designed to have 2 tiers of allocation to a Financial Budget.

  1. Account Allocation: Aligned to the multi-account framework, AWS Account Billing is split by percentage allocation to a budget. The Allocation begins to either the Vending date of the Account or the 1st of the Previous Month. Allocation can be updated to the beinning of Period (aka weekly). All resources will be allocated to that budget at the % rate.

  2. Workload Allocation: Product Owners create estimates for Workload. Workload can then "Claim" resources to them by Admin, Financial Admins, or the Product owners that will then have 100% allocation to that budget as of the next day from Claiming.

As detailed below - Spending is then discounted (if applicable) and reduced by available Credits at the budget level.

FinOps Center Allocation

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