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Ibrahim S
Ibrahim S

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Day 11 — AWS Billing & Cost Management: Process, API, and Tools Explained

Billing is the process of calculating, recording, and invoicing charges for goods or services provided to a customer.

In the context of cloud computing, billing refers to the systematic tracking and reporting of usage-based costs for resources such as compute, storage, networking, and other services consumed by an organization or individual.

  • Usage Tracking
  • Charge Calculation
  • Invoice Generation
  • Payment Processing
  • Reporting and Analysis

AWS Billing is the system that tracks, calculates, and invoices all usage charges for AWS cloud services consumed by an account or organization.

It provides a centralized dashboard where users can view, analyze, and manage their AWS costs, including monthly invoices, detailed usage breakdowns, and payment history.

The AWS Billing API is a set of programmatic interfaces that allow users to retrieve, manage, and automate access to billing and cost management data in AWS.

API Configure Blog

AWS Cost Explorer visually analyzes your resource consumption and related costs across the AWS public cloud. It is a complimentary cloud cost management service in the AWS ecosystem.

Once you enable AWS Cost Explorer in the payer account, the tool collects and reports on your cost and usage data across all the member accounts linked to it.

  • Visualizing your cost and usage data
  • Monthly and daily costs
  • 12-month historical data
  • 12-month cost forecasts
  • Filtered graphs and views
  • Savings Plans reports
  • Reservation reports

AWS Cost Explorer is free to use for its core features, including viewing and analyzing cost and usage data through its user interface.

It provides up to 14 months of historical data at daily granularity by default, and users can access up to 38 months of data at monthly granularity and 14 days of resource-level data at daily granularity, all at no cost.

Native AWS:
AWS Budgets
AWS Cost Anomaly Detection
AWS Pricing Calculator
AWS Trusted Advisor

Alterative:

  • CloudZero
  • nOps
  • CAST AI
  • ProsperOps

Billing is the process of calculating, recording, and invoicing charges for goods or services provided to a customer

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