Azure is a service utility that has the following advantages:
- No upfront costs
- No termination fees
- Billing based on per minute
- Payment based on consumption-on-the-go
In such circumstances, it is very difficult to estimate the upfront cost of consuming Azure resources. Every resource in Azure has its own cost model and charge based on storage, usage, and time-span. It is very important for the management, administration, and finance department to keep track of usage and costs. Azure provides the necessary usage and billing reports, such that the organization management and administrators can generate a cost and usage report based on multiple criteria's.
Azure portal provides detailed billing and usage information through the billing feature, which can be accessed from the master navigation blade.
It provides a sub menu to generate reports on both costs...
