Help Center/ Billing Center/ User Guide/ Bill Management (New Version)/ Monthly Settlement
Updated on 2024-03-21 GMT+08:00
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Monthly Settlement

Monthly Bill Generation

  • Recurring expenditure (for example, pay-per-use resources or spot instances): An expenditure estimate is provided in the middle of each month, and the final bill is generated on the third day of the following month. Applicable cash coupons are automatically used to pay for the bill.
  • One-time expenditure (for example, yearly/monthly resources): When placing orders, you can use applicable discounts and cash coupons for payment. You can use either of the following payment methods:
    • Pay with an added credit card or pay online in real time.
    • Use monthly settlement and pay for your bill that will be generated on the third day of the following month.
  • Since April 1, 2021, monthly settlement is used for newly registered customers by default.

Bill Precision

Prior to April 2020, recurring expenditures (for example, pay-per-use resources or spot instances) were settled by hour, day, or month. The settled amount was accurate to the 2nd decimal place, while the remaining decimal places were directly truncated.

From April 2020 to May 2021, recurring expenditures (for example, pay-per-use resources or spot instances) were summed up monthly by specifications and usage type. The accumulated amount were truncated to the 2nd decimal place.

From June 2021, the amounts before bill generation are no longer truncated. Only the total amount shown in the monthly bill is rounded off to the 2nd decimal place.

  • On the Billing > Bills page of the Billing Center, the total amount in a monthly bill is slightly higher because the amounts are no longer truncated to the 2nd decimal place.
  • On the Billing > Bills page of the Billing Center, the amounts shown in transactions are rounded off. Therefore, there may be some discrepancies with the amounts shown in the monthly bill. To view the exact amounts (accurate to the 8th decimal place), customers can export the monthly bill in XLSX or CSV format.
  • The amounts displayed in the bill files that are subscribed to on the Billing > Data Storage page of the Billing Center are accurate to the 8th decimal place.
  • During bill generation, cash coupons are applied and the amounts are kept accurate to the 8th decimal place.