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Table of contents
1.
Introduction
2.
Google Cloud Billing
2.1.
How the charging cycle is set
2.1.1.
View your Cloud Billing charging cycle
2.2.
About threshold billing
2.2.1.
How your threshold amount is determined
2.3.
Find your payment threshold amount.
3.
View your cost and payment history
3.1.
Permissions are required to view your cost and payment history.
3.2.
View transaction history
3.3.
Cloud Billing documents
3.4.
Permissions required to access billing documents
3.5.
Get your statement or invoice.
4.
Frequently Asked Questions
4.1.
How does Cloud Computing provide on-demand functionality?
4.2.
What is Google Compute Engine?
4.3.
What do you mean by Google BigQuery? What are the various benefits of BigQuery for data warehouse practitioners?
5.
Conclusion
Last Updated: Mar 27, 2024

Manage billing for projects in GCP

Author Akash Nagpal
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Introduction

Google Cloud Platform is a public cloud vendor like Amazon Web Services (AWS) and Microsoft Azure. Customers can use GCP and other cloud providers to gain free or pay-per-use access to computer resources hosted in Google's data centres across the world.

GCP provides a spectrum of computing services ranging from GCP cost management to data management to web and video delivery via the web to AI and machine learning capabilities. A cloud billing account is one of the services offered by GCP, which specifies who is responsible for paying for a specific set of Google Cloud resources. Furthermore, in this article, we will be discussing Google Cloud Billing and managing bills for projects in GCP.

Google Cloud Billing

A Cloud Billing account specifies who pays for a certain set of Google Cloud services and can be associated with one or more Google Cloud projects. The associated Cloud Billing account is charged for your project usage.

Your Cloud Billing account can be one of two sorts, depending on how and when you pay for Google Cloud services and use Google Maps Platform APIs:

  • Invoiced billing
    When you use invoiced billing, you first incur charges and then receive a monthly invoice. You pay your bill by check or bank transfer. An invoice for a certain month should be accessible by the fifth business day of the next month
     
  • Self-serve billing
    If you have a self-service billing account, your expenses are automatically invoiced in one of two ways:
    A consistent monthly cycle (monthly billing)
    When your account has accumulated a specific number of charges (threshold billing)

How the charging cycle is set

  • You normally receive one invoice each month for invoiced Cloud Billing accounts, and the time you have to pay your invoice (your payment terms) is dictated by the agreement you signed with Google.
     
  • When you create a self-service Cloud Billing account, your charge cycle is automatically allocated. You do not get to pick your charging cycle, and you cannot modify it.
     

View your Cloud Billing charging cycle

View the payment summary for your Cloud Billing account to see your Cloud Billing cycle and how and when you are charged:

  • In the Google Cloud interface, sign in to your Cloud Billing account.
     
  • Access your Cloud Billing account.
     
  • Select the Cloud Billing account for which you want to examine your charge cycle at the prompt. The Billing Overview page for the specified billing account appears.
     
  • Click the Payment Overview tab on the Payment Overview page. Find your billing cycle, as well as your current outstanding balance and the date and amount of your most recent payment:

Invoicing (terms): This is an invoiced Cloud Billing account, which means you incur charges first and then receive a monthly invoice. These expenses are paid for via a cheque or a bank transfer. By the fifth business day of the next month, an invoice for a certain month should be accessible. The payment conditions, including the number of days you have to pay your invoice, are shown in parenthesis (for example, Net 30 days). According to the terms and conditions, you must pay your invoice within the timeframe agreed upon with Google.

Monthly automatic payments: This Cloud Billing account has a monthly billing cycle, and the attached payment instrument (such as a credit card or bank account) will be automatically charged for charges incurred during the previous month on the second day of each month.

Automatic payments: The associated payment instrument (such as a credit card or bank account) will be charged automatically when the expenses accumulated meet the threshold amount or thirty days after your previous bill, whichever comes first.

End of month (EOM): This Cloud Billing account has a threshold billing cycle, and the attached payment instrument (such as a credit card or bank account) is automatically charged when the expenses accrued to reach the threshold amount. Furthermore, the remainder of the costs incurred by the end of the month will be automatically charged to the associated payment instrument on the first day of the following month.

About threshold billing

Threshold billing is a Cloud Billing account that is automatically paid using an automatically determined payment threshold. A threshold is a set amount of expenditure that, when reached, results in a charge to your principal payment method (such as a credit card or bank account).

For a certain duration, the threshold begins at a predetermined quantity. The timeframe is either 30 days (Automatic payments cycle) or monthly (End of month cycle).

How your threshold amount is determined

  • When you create a self-service Cloud Billing account for the first time, you are immediately assigned a beginning payment threshold amount. You do not get to pick your threshold amount, and you cannot directly alter it.
     
  • If your cumulative expenses trigger a threshold payment on your Cloud Billing account, your threshold amount is immediately raised. This modification may occur many times until your account reaches a final threshold amount.
     
  • Threshold quantities vary according to your account, country, and currency.
     
  • When your Cloud Billing threshold increases, you will not be contacted or informed, but you may see your current threshold amount at any time by navigating to your billing pages in the Google Cloud console.

Find your payment threshold amount.

View the payment summary for your Cloud Billing account to determine your payment threshold:

  • In the Google Cloud interface, sign in to your Cloud Billing account.
     
  • Select the Cloud Billing account for which you want to see your payment threshold at the popup. The Billing Overview page for the specified billing account appears.
     
  • Select the Payment Overview tab from the Billing Overview page.
     
  • Your assigned threshold amount, as well as your charging cycle, are shown on the Your balance card.
     

For example, if your Cloud Billing threshold is $100.00 and you have yet to incur any charges for the month, you may get a notice stating, "Your complete $100.00 payment threshold is accessible."

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View your cost and payment history

Your Google Cloud pricing and payment history are available on the Transactions tab of the Cloud Billing dashboard.

Permissions are required to view your cost and payment history.

To accomplish the actions outlined in this document, you must have Billing Account Viewer rights on the Cloud Billing account.

View transaction history

Access the Transactions page in the Cloud Billing dashboard to examine your transaction history:

  • Log in to the Google Cloud Platform.
     
  • Log in to the console
     
  • Select billing from the console Navigation menu option.
     
  • If you have several Cloud Billing accounts, choose one of the following:

Select Go to connected billing account to handle Cloud Billing for the current project.

To find another Cloud Billing account, go to Manage billing accounts and then choose the account you wish to manage.
 

  • Click Transactions from the Billing navigation menu.
     

The default view on the Transactions page is a detailed transaction view of all transactions for the previous three months. To accomplish any of the following, use the toggles on this page:

  • Choose the degree of detail to display. Change between the Detailed transaction view (the default) and the Summary transaction view.
     
  • Account history may be seen by transaction type. Choose the sort of transaction you wish to see. Among the alternatives are You may filter transactions by Costs, Payments, Adjustments (often, any credits applied to your account), and Taxes (such as sales tax or Value Added Tax (VAT) that apply to your account).
     
  • Alter the date range. The default date range is the previous three months. You can pick one of the pre-defined date ranges, such as the Previous month or This year, or you can enter your range.
     
  • Getting a Cloud Billing document such as an invoice, statement, or receipt.

Cloud Billing documents

The Papers page in the Google Cloud dashboard contains links to the majority of your Cloud Billing documents. You may search for specific documents (such as bills or statements), download them in bulk or individually, set custom filters for viewing your papers, and much more.

If you're searching for a payment receipt, go to the Google Cloud console's Transactions page.

  • Statements
    A statement is not the same as a bill. It is a monthly billing activity report provided for Cloud Billing accounts configured as self-service/online accounts. Self-service Cloud Billing accounts are set up to pay for Google Cloud fees based on your billing cycle. You can make credit card payments manually to your self-serve Cloud Billing account at any time, in addition to automatic payments.
    A statement includes your legally registered company address, tax IDs, monthly payments, taxes paid, and a breakdown of your use charges for the month. You can make more than one payment in a billing cycle if you have made a manual payment.
  • Invoices
    An invoice includes Your legally registered company address, Tax IDs, Any payments made throughout the month, Any taxes paid, A Cloud Billing account configured as an invoiced account creates one invoice each month
    By the fifth business day of the next month, an invoice for a certain month should be accessible. Your September invoice, for example, will be ready no later than the fifth business day of October. Invoices are not generated on weekends or bank holidays, so anticipate them to be delayed during those times. You pay your invoice balance following the terms and conditions you agreed to when you signed up for monthly billing.
  • Payment receipts
    All Cloud Billing account types can get payment receipts. You may print a receipt for your records at any time from the Cloud Billing console's Transactions page.

Permissions required to access billing documents

Statements and invoices are accessible for each Cloud Billing account on the Documents tab. The accessible papers are particular to the Cloud Billing account you are browsing.

Are you looking for a payment receipt? Payment receipts are available on your Cloud Billing console's Transactions page. Follow the steps for additional information. Obtain your payment receipt.

Get your statement or invoice.

Statements and invoices are accessible for each Cloud Billing account on the Documents tab. The accessible papers are particular to the Cloud Billing account you are browsing.

Are you looking for a payment receipt? Payment receipts are available on your Cloud Billing console's Transactions page. Follow the steps for additional information. Obtain your payment receipt.

You must be assigned to one of the Cloud Billing IAM roles listed below to access the Documents and Transactions pages for your Cloud Billing account:

  • Billing Account Viewer 
  • Billing Account Administrator

If your Cloud Billing account is managed by someone else, you may not have the essential billing rights. In this case, if you believe you should be allowed to read the Cloud Billing account's Documents and Transactions pages, contact the person in your company who handles your Cloud Billing account.

Frequently Asked Questions

How does Cloud Computing provide on-demand functionality?

Cloud computing as technology was founded on the principle of delivering functionality to all users on demand, at any time and from any remote location. With recent improvements and simple access to programmes such as Google Cloud, the concept is much more easily implemented than in the past.

What is Google Compute Engine?

The Google Cloud Engine is the foundation of the Google Cloud Platform. It is an IaaS that offers self-managed Windows and Linux-based virtual machines hosted on the Google infrastructure. The virtual computers can run on local, long-term storage and KVM.

What do you mean by Google BigQuery? What are the various benefits of BigQuery for data warehouse practitioners?

Google BigQuery is a hardware substitute for traditional data warehouses. It is utilised as a data warehouse, acting as a central repository for all analytical data in a business that divides the data table into components called datasets.

Conclusion

This article extensively discussed Google Cloud Billing and its managing and viewing bills for projects in GCP. We hope this blog has helped you enhance your knowledge relating to GCP Cloud Billing.

Check out our Viewing Logs in Cloud LoggingManaging the Monitoring Agent, and Workspace Audit Logs articles. Practice makes a man perfect. To practice and improve yourself for the interviews, you can check out Top 100 SQL problemsInterview experienceCoding interview questions, and the Ultimate guide path for interviews. Do upvote our blog to help other ninjas grow. Happy Coding!
 


 

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