Billed Cost

The billed cost represents a charge serving as the basis for invoicing, inclusive of the impacts of all reduced rates and discounts while excluding the amortization of relevant purchases (one-time or recurring) paid to cover future eligible charges. This cost is denominated in the Billing Currency. The Billed Cost is commonly used to perform FinOps capabilities that require cash-basis accounting such as cost allocation, budgeting, and invoice reconciliation.

The BilledCost column MUST be present in the billing data and MUST NOT be null. This column MUST be of type Decimal, MUST conform to Numeric Format, and be denominated in the BillingCurrency. The sum of the BilledCost for rows in a given billing period MUST match the sum of the invoices received for that billing period for a billing account.