Azure Cost Management and Billing updates – June 2021 | Azure Blog and Updates

If you’re not familiar, amortization splits the purchase price of your reservations into daily chunks and allocates these out to the resources that received the benefit. Let’s say you purchased a VM reservation for $365 on January 1. Enabling amortization will show $1 every day throughout the year. If your VM ran the full day, it’ll get the full $1 for that day. If you only ran it for 12 hours one day, then you’ll see $0.50 for the VM and $0.50 for the unused reservation. This is lost savings from your pre-paid, reserved capacity, so you’ll want to keep an eye on that. This is exactly what the Reservations view helps you do. And beyond that, what you can use amortized cost for.

Keep using the preview and let us know what you’d like to see next.

Reminder: Cloudyn retiring on June 30

If you’re a Cloud Solution Provider still using Cloudyn, we’ve already reached out to you, but as a reminder, you (and your customers) will be able to view, manage, and optimize costs using Azure Cost Management once you transition to Microsoft Customer Agreement and an Azure plan. Again, Cloudyn will be retiring on June 30, 2021, and will no longer be accessible. We thank you for your patronage and look forward to supporting you and your financial goals with Azure Cost Management.

What’s new in Cost Management Labs

• Remember last-used scope – Now available in the public portal
  
  Azure Cost Management now remembers the last scope you used, making it easier than ever to pick up where you left off. You can see the preview in Cost Management Labs.
• New: Confirm billing policy status in Configuration
  
  Updated Configuration screen that separates scope and cost management settings and shows whether Cost Management, Reservations, and Azure Marketplace are enabled for your Enterprise Agreement billing account or Microsoft Customer Agreement billing profile.
• View cost for your resources
  
  The cost for your resources is one click away from the resource overview in the preview portal. Just click View cost to quickly jump to the cost of that particular resource.
• Change scope from the menu
  
  Change scope from the menu for quicker navigation. You can opt-in using Try Preview. Share feedback about this preview.
• Open configuration items in the main menu
  
  This is an experimental option to show the selected configuration screen as a nested menu item in the Cost Management menu. You can opt-in using Try Preview from Cost Management Labs. Share feedback about this preview.
• Streamlined Cost Management menu
  
  Only show settings in Configuration. Remove Cloudyn, Exports, and Connectors for AWS from the Cost Management menu. You can opt-in using Try Preview from Cost Management Labs. Share feedback about this preview.

Of course, that’s not all. Every change in Azure Cost Management is available in Cost Management Labs a week before it’s in the full Azure portal. We’re eager to hear your thoughts and understand what you’d like to see next. What are you waiting for? Try Cost Management Labs today.

New ways to save money with Azure

This month was packed with 16 new and upcoming ways to help you optimize your costs:

Documentation updates

Here are a few documentation updates you might be interested in:

What’s next?

These are just a few of the big updates from last month. Don’t forget to check out the previous Azure Cost Management and Billing updates. We’re always listening and making constant improvements based on your feedback, so please keep the feedback coming.