A company uses AWS Organizations.

To use AWS Budgets to create and manage budgets for different AWS accounts, the company needs to do the following steps:

Use AWS Budgets to create a budget for each AWS account that needs a different budget amount. The budget can be based on cost or usage metrics, and can have different time periods, filters, and thresholds. The company can set the budget amount under the Billing dashboards of the required AWS accounts1.

Create an IAM role for AWS Budgets to run budget actions with the required permissions. A budget action is a response that AWS Budgets initiates when a budget exceeds a specified threshold. The IAM role allows AWS Budgets to perform actions on behalf of the company, such as applying an IAM policy or a service control policy (SCP) to restrict the provisioning of additional resources2.

Add an alert to notify the company when each account meets its budget threshold. The alert can be sent via email or Amazon SNS. The company can also add a budget action that selects the IAM role created and the appropriate SCP to prevent provisioning of additional resources. An SCP is a type of policy that can be applied to an AWS account or an organizational unit (OU) within AWS Organizations. An SCP can limit the actions that users and roles can perform in the account or OU3.