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. If you prepay for a 12-month Compute Savings Plan, you simply straight-line amortize the cost over 12 months—done.
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