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AWS FinOps Simplified

You're reading from   AWS FinOps Simplified Eliminate cloud waste through practical FinOps

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Product type Paperback
Published in Oct 2022
Publisher Packt
ISBN-13 9781803247236
Length 292 pages
Edition 1st Edition
Tools
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Author (1):
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Peter Chung Peter Chung
Author Profile Icon Peter Chung
Peter Chung
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Toc

Table of Contents (18) Chapters Close

Preface 1. Chapter 1: FinOps Foundation 2. Part 1: Managing Your AWS Inventory FREE CHAPTER
3. Chapter 2: Establishing the Right Account Structure 4. Chapter 3: Managing Inventory 5. Chapter 4: Planning and Metrics Tracking 6. Chapter 5: Governing Cost and Usage 7. Part 2: Optimizing Your AWS Resources
8. Chapter 6: Optimizing Compute 9. Chapter 7: Optimizing Storage 10. Chapter 8: Optimizing Networking 11. Chapter 9: Optimizing Cloud-Native Environments 12. Part 3: Operationalizing FinOps
13. Chapter 10: Data-Driven FinOps 14. Chapter 11: Driving FinOps Autonomously 15. Chapter 12: Management Functions 16. Index 17. Other Books You May Enjoy

Understanding billing with AWS Organizations

When you operate with AWS Organizations, you receive one aggregated bill that shows usage for every account in your organization. AWS calls this consolidated billing. This consolidated bill shows both aggregated usage for the organization and usage per account, enabling you to conduct proper chargeback mechanisms or create showbacks for visibility.

Important note

In information technology (IT), a chargeback is the practice of charging business units (BUs) for their IT usage, whereas a showback is the practice of showing BUs their spending but internally reconciling from a central budget.

If your business requires separate bills for every AWS account, then you should not combine accounts with AWS Organizations. This, however, prohibits you from taking advantage of volume-tier discounts, which will help reduce costs.

Some services in AWS provide a volume-based discount—the more you use, the better the deal. With consolidated...

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