At 1:35 in "Set Up Billing Alert (Lab)", the UI shows "Include Credit as a budget expense". I don’t know when the video was recorded, but today, Nov 20, 2018, it shows "Cost after Credit" instead.
The Help balloon in the video says "This adds credit as a budget expense so it can be tracked like money spent". Today, Nov 20, 2018, the Help balloon says "Cost after credit is the total cost minus any applicable credit".
The default checkbox is cleared in both cases.
So it appears as though Google changed the default behavior. Or am I mistaken? The online help for Budget Alerts doesn’t elaborate. Does anyone have further insight?
I really appreciate your letting me know about the change, Umair! I have now had the chance to test that checkbox (both ways, to make sure I understand it properly) and re-record this budget setup to show and talk about the new checkbox.
Thanks again for pointing this out!