Setting a budget

You can define budgets for your business services or cost pools based on a defined budget cycle. For example, quarterly or half-yearly.

To assign a budget to a business service

  1. In the Business Services page, click the business service name which you want to assign a budget for.
    The Business Service Cost Details page is displayed.
  2. Click the Budget tab. 
  3. To assign the budget to the selected business service, click Set Budget. The periods to set the budget are displayed according to the budget cycle defined in the Settings page.

    For example, if you have defined the quarterly budget cycle, periods with four quarters for the current year are displayed. You can allocate the budget for all periods in the selected year or can update the budget for the existing year.

  4. Click Save.

To assign a budget to a cost pool

  1. In the Cost Pools page, click the cost pool name which you want to assign a budget for.
    The Cost Pool Details page is displayed.
  2. Click the Budget tab.
  3. To assign the budget to the selected business service, click Set Budget. The periods to set the budget are displayed according to the budget cycle defined in the Settings page

  4. Enter the values in the Budget field.
  5. Click Save.
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