Cost management tool azure

  • How to do cost management in Azure?

    Who Can Use Azure Cost Management? All Azure users and partners can use Azure Cost Management features free.
    Users from other cloud providers like AWS and GCP can also access Cost Management features..

  • What is the main management tool in Azure?

    Cloud Explorer, introduced in Azure SDK 2.7, is the preferred tool for managing Azure resources based on Resource Manager.
    Server Explorer works with Azure classic resources, but it does not work with all Resource Manger–based resources.
    For the purposes of this chapter, the focus will be on Cloud Explorer..

Estimate your cloud costs

During your cloud journey, there are many tools available to help you understand pricing:

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How charges are processed

To understand how Cost Management works, you should first understand the Commerce system.
At its core, Microsoft Commerce is a data pipeline that underpins all Microsoft commercial transactions, whether consumer or commercial.
While there are many inputs and connections to this pipeline, like the sign-up and Marketplace purchase experiences, this article focuses on the components that help you monitor, allocate, and optimize your costs.

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Organize and allocate costs

Organizing and allocating costs are critical to ensuring invoices are routed to the correct business units and can be further split for internal billing, also known as chargeback.
The first step to allocating cloud costs is organizing subscriptions and resources in a way that facilitates natural reporting and chargeback.
Microsoft offers the following options to organize resources and subscriptions:

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Overview

Microsoft Cost Management is a suite of FinOps tools that help organizations analyze, monitor, and optimize their Microsoft Cloud costs.
Cost Management is available to anyone with access to a billing account, subscription, resource group, or management group.
You can access Cost Management within the billing and resource management experiences or separately as a standalone tool optimized for FinOps teams who manage cost across multiple scopes.
You can also automate and extend native capabilities or enrich your own tools and processes with cost to maximize organizational visibility and accountability with all stakeholders and realize your optimization and efficiency goals faster.

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What data is included in Cost Management and Billing?

Within the Billing experience, you can manage all the products, subscriptions, and recurring purchases you use; review your credits and commitments; and view and pay your invoices.
Invoices are available online or as PDFs and include all billed charges and any applicable taxes.
Credits are applied to the total invoice amount when invoices are generated.
This invoicing process happens in parallel to Cost Management data processing, which means Cost Management doesn't include credits, taxes, and some purchases, like support charges in non-MCA accounts.


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