Custom Virtual Tags

Custom Virtual Tags in Finout enable you to model cloud spend the way your business actually thinks about it, rather than being constrained by how each provider structures its billing data. They act as a flexible semantic layer on top of your existing costs, so you can define rules that group spend by teams, products, environments, customers, or any other business dimension—across all clouds and services.

Using rule-based logic and filters, you can harmonize different naming conventions, unify cross-cloud metadata, and create a consistent view of ownership and responsibility. Once created, Custom Virtual Tags are available everywhere in Finout—MegaBill, dashboards, Cost Centers, and reports—so every widget and analysis reflects the same, business-aligned model of your cloud spend, making it easier to drive accountability, understand unit economics, and support smarter financial decisions.

Create a Virtual Tag

1. In Finout, navigate to Virtual Tags.

   
2. Click Create New and Virtual Tag. ​The Create virtual tag page appears.

   
3. Name the Virtual tag.

4. You can optionally choose an endpoint to be notified about changes made to this virtual tag.

   
5. Create the rules for the Virtual Tags by setting Where conditions and corresponding Then actions. This can be done through the AI Virtual Tag Rule Builder or Manually.

   • AI Virtual Tag Rule Builder (Alpha):

     Note: For more information, see the AI Virtual Tag Builder.

     1. In a virtual tag builder, click Generate with AI under a specific rule. The free text-box appears.

        
     2. Write what you want the rule to be, for example "All regions in the US per team" and click . The virtual tag rule is created.

        
     3. Continue to edit the virtual tag and click Save.

   • Manual Rule Builder:

     Important: The order of rules is crucial as it determines their priority. Rule 1 has the highest priority and is assessed first, with its tagging action overriding subsequent rules. Only if a resource does not meet Rule 1's conditions will it be evaluated against Rule 2, and so on.​

     

     • WHERE:

       1. Select any cost center from the MegaBill.

          1. Select a filter key.

             1. Select an operator (One Of, Not one of, Is, Is not, Contains, Not Contains, Exists, or Not exists).

             2. Depending on the operation, select or enter one or more Filter values.

             3. To add a further criterion to the rule, click +.

             4. Select AND or OR.

             5. Complete the rule row as described above.

             6. THEN: There are two options:

                1. Choose a static value for this portion of your infrastructure by choosing Custom Value and typing it into the text box.

                2. If you already have an appropriate allocation for this portion of your infrastructure in a cloud service provider tag, account name, or resource name, you can select that field using the MegaBill Key option to have those values populated for the Virtual Tag.​

                   Note: when selecting a key from the MegaBill, the key’s values will appear in the MegaBill when filtering or grouping by the Virtual Tag.​

                   Example - Rule 1 includes: Where conditions: The rule is structured to evaluate resources across different cloud providers: AWS, GCP, Azure, and Kubernetes. It will trigger if a resource within these providers has specific tags or labels that match predefined values. For AWS and Azure, the rule triggers for resources with any chosen values in 'environment' tags. For GCP, the rule is triggered if the 'env' label is exactly 'production'. For Kubernetes, it checks against specified 'label_environment' values. Then outcome: If a resource meets any of the 'Where' conditions, the 'Then' action tags it as 'Production'.

                   
6. In a virtual tag builder, click Generate with AI under a specific rule. The free text-box appears.

   
7. Write what you want the rule to be, for example "All regions in the US per team" and click . The virtual tag rule is created.

   
8. Continue to edit the virtual tag and click Save.

9. You can optionally set a timeframe for the virtual tag, allowing you to specify exact dates for the rule application.

   
10. Click Add rule to add additional rules as required.

    Note: The number of rules allowed in a virtual tag is 50.

    
11. You can optionally Set the value for the untagged cost field for all unallocated costs not covered by any rules are aggregated under the tag value "untagged." You can enter a custom name for these untagged costs to generate a single value or choose a key from the MegaBill to generate multiple values simultaneously. This feature enables continuous enhancement of Virtual Tag coverage and the creation of rules to reduce untagged costs.

    
12. To see a preview, click Preview Virtual Tag. The virtual tag preview appears.

    

    
13. Click Create Virtual Tag. The Save version modal appears.

• In the modal:

  • Optionally enter a Change Description to describe what this version includes. The limit is 280 characters.

  • Review the Mark as Live checkbox (Beta):

    • Checked (default) — this version becomes the Live version. It is immediately active and available for filtering and grouping across Finout (MegaBill, dashboards, Reports, etc.).

    • Unchecked — a new version is created and saved to the version timeline, but the Live version does not change. Use this to stage a configuration without affecting other users.

  • Click Save.

• The virtual tag is created and appears in the Virtual Tags list.

Duplicate a Virtual Tag

1. Navigate to Virtual Tags.

   
2. Click on the Virtual Tag you want to edit from the list and then click Duplicate Virtual Tag. The virtual tag is duplicated.

Edit a Virtual Tag

1. Navigate to Virtual Tags.

   
2. Click the on the Virtual Tag you want to edit from the list and then click Edit Virtual Tag. The Edit virtual tag screen opens.

3. (Beta) When you open a Virtual Tag for editing, Finout loads the Live version by default. If no Live version exists, Finout loads the latest version in the list. To edit a different version, use the version dropdown at the top of the edit screen.

   
4. Edit Virtual Tag rules: Click on the rule you want to change.

5. In the Where option, you can change the criteria using the Filter keys dropdown to select different filter types, such as tags or labels, and modify the logical operators as needed.

   • Adjust the cloud environments by selecting or deselecting them.

   • In the Then section, update the tag value that will be assigned when the rule's conditions are met.

   • Add or Delete Rules using the + Add rule button to include new segmentation rules or the – button to remove an existing rule.

     Note: The number of rules allowed in a virtual tag is 50.

   • Adjust the rule order as desired using the Move rule function, which allows you to change their ranking, since the rules are applied from top to bottom.

6. Additional edits:

   • Adjust the time frame.

   • Edit the values for the untagged costs.

   • Set up notifications for changes.

7. Filter by conditions: Utilize the filter values dropdown options to narrow down your Virtual Tag based on specific chosen filters. This is particularly useful when the created Virtual Tag has many rules. Instead of manually searching for the specific item to edit within the Virtual Tag, you can use the filters option to drill down and easily find what you need to edit.

   Filter types:

   • Virtual Tag values: Filter based on the names assigned to the rule in the "Then" section.

   • Filter keys: Filter based on the keys chosen in your Virtual Tag.

   • Filter values: Filter based on the exact values that trigger the rule.

8. Click Save. The Save version modal appears.

   
9. In the modal:

   • Optionally enter a Change Description. You can add up to 280 characters. Change description cannot be added after saving.

   • Review the Mark as Live checkbox:

     • Checked (default) — this version becomes the Live version and goes live across all of Finout immediately.

     • Unchecked — the version is saved without affecting the current Live version.

   • Click Save. The Virtual Tag is updated.

View Version History

Each time a Virtual Tag is created or saved, a new version is added to the version timeline. You can optionally include a Change Description when saving. The Live version is the single active version visible and usable across the account. All other versions are available in the version history.

To view version history:

1. Navigate to Virtual Tags.

2. Click ⋮ on the Virtual Tag you want to inspect, then click View version history. The Version history side panel opens.

   
3. View the versions in chronological order. The version marked Live is the currently active version used across Finout.

4. To filter versions by date, select a date range and apply it to the version history view.

Set a Version as Live (Beta)

Live version is the single active configuration that all users see across Finout. You can set any version as Live, including older ones.

To set a version Live:

1. Navigate to Virtual Tags.

2. Click ⋮ on the Virtual Tag and click View version history. The Version history side panel opens.

3. Select the version you want to make Primary.

4. Click Set as Live Version.

5. A confirmation modal appears. Optionally enter a Change Description.

6. Click Set as Live. The selected version becomes the Live version. All users with view access now see this configuration across Finout, and all objects relying on this Virtual Tag are updated accordingly. The version history updates to show the newly Live version labeled Live.

Delete Virtual Tags

1. Navigate to Virtual Tags.

   
2. Click on the Virtual Tag you want to edit from the list and then click Delete Virtual Tag.

   Note: Deleting a virtual tag also deletes all versions.

   
3. Click Delete. The virtual tag is deleted.

Virtual Tag Settings

1. Navigate to Virtual tags.

   
2. Click on a Virtual Tag. The Edit virtual tag page appears.

   
3. Click . The Settings side window appears.

   
4. ACL permissions:

   Read permissions are always public for virtual tags, but you can set write permissions as either Public, Private, and Shared. Permission for an object is granted if a user or group have a role with the proper permission and also ACL permission to access the object. By default, the write permissions are set according ot the account default, but users can change it to view or modify an object if they have Role-Based Access Control (RBAC) to read or write the object.

   Note:

   • Virtual tags are always public for read purposes, allowing all users in the account to utilize them for filtering and grouping, as well as view their configuration. However, only users with the appropriate write ACL permissions can edit a virtual tag’s configuration.

   • Write access follows the account-level default but can be modified as needed.

   

   • Types of ACL Permissions:

     • Public: Grants access to anyone in the organization that has Role-Based Access Control (RBAC).

     • Private: Restricts access to admins and the user who created the object.

     • Shared: Limits access to specific users or groups that have Role-Based Access Control (RBAC).

       Note: Admins and creators always retain access.

       

5. Click Save. ACL permissions are set.

FAQs

Can I restore a previous version? Yes. Select any version in the version history and click Set as Live. The selected version's configuration is immediately Live across Finout.

Who can set a version as Live? Only users with write ACL permission on the Virtual Tag can set a version as Live. Admin users have write permission by default. Users with read-only access cannot change the Live version.

How do I know if a Virtual Tag has no Primary version? In the Virtual Tags list, Virtual Tags without a Live version show a note indicator in the Version column. Hovering over the note reveals: "There is no Primary version. This Virtual Tag is not available for filtering and grouping

Can a Virtual Tag have no Live version? Yes. If you save a version without checking Set as Live, or if no version has ever been set to Live, the Virtual Tag exists in the system but has no active configuration. It will not be available for filtering or grouping across Finout until a version is set as Live.