Accounting, Accruals and FinOps - Financial Ops World

AWS cost datasets: Understanding blended, unblended, and amortized costs

FinOps in Practice

AUGUST 9, 2023

The FinOps team within the company naturally wants to stay in the know of the cloud costs to reduce and optimize them. It’s like looking at your costs on a cash basis of accounting, which means that expenses are attributed to the dates when you paid to the service provider.

FinOps

FinOps FinOps Accruals Billing

Introducing Dynamic Prepay Amortization Tracking: Automatic Accounting for AWS Savings Plans and Reserved Instance Prepayment

ProsperOps

APRIL 26, 2023

This decouples the timing of when usage is paid for from when it’s consumed, which for customers using accrual vs. cash accounting (most large companies), results in a need to amortize the prepayment. An Automated Approach to Amortization Tracking with ProsperOps We’re on a mission to automate and simplify savings for cloud customers.

Computation

Computation FinOps FinOps Accruals

Financial Ops World

AWS cost datasets: Understanding blended, unblended, and amortized costs

Introducing Dynamic Prepay Amortization Tracking: Automatic Accounting for AWS Savings Plans and Reserved Instance Prepayment

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