# Cloud cost allocation with hierarchy reports

Cost Allocation Reports in CloudSpend help you track and manage cloud expenses by breaking down costs at different levels, enabling precise cost control and optimization.

## Understand spending and improve accountability with Cost Allocation Reports

Get details on spending costs across accounts, regions, and services. You can also assign cost ownership to teams or business units for better financial control. Identify cost drivers and implement savings strategies. Export charts and lists in CSV format for easy sharing with stakeholders.

### Breakdown of cost allocation levels

Gain a high-level overview of total cloud spending across all accounts, services, and regions. Analyze spending at the cloud-account level to track expenses and optimize usage. View spending based on cloud regions to optimize resource allocation and get a granular breakdown of costs by cloud service to identify areas of high expenditure.

![Breakdown of cost allocation levels](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-attribute.svg)

### Get hierarchy-based cost details

Click on any cost allocation level to explore detailed insights and get an overview of key metrics, such as total cost, resource count, contribution percentage, savings percentage, anomaly count, and forecast values. Leverage the detailed breakdown of expenses for each resource, ensuring greater transparency in cost tracking.

![Get hierarchy-based cost details](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-alloc-details.svg)

### Manage multi-team cloud expenses

For organizations with multiple teams (e.g., development, marketing, operations) using shared cloud resources, tracking expenses per team is challenging. The Cost Allocation Report enables organizations to assign cloud costs based on team resource usage, implement chargebacks or showbacks for financial transparency, and make data-driven budgeting and optimization decisions.

![Manage multi-team cloud expenses](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-alloc-expenses.svg)

### Cost segmentation for advanced business unit mapping

With Cost Allocation Reports, you can create nested cost hierarchies that align with your teams, departments, applications, or services. Segments ensure accurate cost allocation, preventing duplication in chargeback scenarios. This also helps in identifying the unallocated portion of the cost.

![Cost segmentation for advanced business unit mapping](https://cdn.manageengine.com/sites/meweb/images/cloudspend/cs-alloc-segmentation.svg)

## Featured resources

### Blog: What is budgeting and forecasting in cloud cost management?

With CloudSpend Budgets businesses receive detailed insights into their cloud costs, automated alerts for potential budget breaches, and intelligent insights.

[Read more](https://blogs.manageengine.com/cloudspend/2024/11/27/cloudspend-budgets.html)

### Articles: In-depth guides to FinOps

Go deep on cost optimization, tagging, governance, AI spend, and more, with practical guidance you can act on.

[Read articles](https://www.manageengine.com/cloudspend/articles/)

### FinOps Glossary: Cloud cost terms, made clear

Look up the FinOps, cloud cost, and AI spend terms your team keeps running into, explained in plain language.

[Browse the glossary](https://www.manageengine.com/cloudspend/finops-glossary/)

### User Guide: Help and documentation

Get set up quickly and learn how to use every CloudSpend feature, step by step.

[Read more](https://www.manageengine.com/cloudspend/help/budget.html)