A company uses AWS Organizations to run workloads within multiple AWS accounts A tagging policy...

This solution meets the following requirements:

It is operationally efficient, as it only requires one activation of the cost allocation tag and one creation of the cost report from the management account, which has access to all the member accounts’ data and billing preferences.

It is consistent, as it uses the AWS-defined cost allocation tag named department, which is automatically applied to resources when the company creates tags using the tagging policy enforced by AWS Organizations. This ensures that the tag name and value are the same across all the resources and accounts, and avoids any discrepancies or errors that might arise from user-defined tags.

It is informative, as it creates one cost report in Cost Explorer grouping by the tag name, and filters by EC2. This allows the accounting team to see the breakdown of EC2 consumption and costs by department, regardless of the AWS account. The team can also use other features of Cost Explorer, such as charts, filters, and forecasts, to analyze and optimize the spending.