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  3. Financial Settings
  4. Financial System Settings

Default Spend Settings

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Default Spend Data Type

Set a default spend type. The selected data type will be shown anywhere spend is shown in the application. If a billing source doesn't support the selected data type, Billed will be shown instead.

ClosedAWS Cost Explorer equivalents

  • Billed + Deduct Credits + Deduct Refunds and Discounts = Unblended
  • Amortized Attributed + Deduct Refunds and Discounts = Net amortized costs
  • Amortized Attributed = Amortized costs
  • Amortized Not attributed = Not available in AWS
  • List = Not available in AWS

Billed

The billed (invoiced) amount is shown for each funding source. Commitment charges are shown at the funding source level.

This view is useful if you want to see spend represented the same way that you see it on your financial invoice.

This is the only spend data type that was available in Kion before the 3.8.0 release.

NOTE: This is the only spend type available when using Detailed Billing Report as the report type for AWS spend on a billing source.

Amortized - Attributed (AWS Only)

With amortized billing, upfront costs for the resources you purchased are distributed across the term of the plan (the commitment period). In most cases, this is on a recurring monthly basis. This attributed view provides vertical financial data through your organization chart by attributing spend to accounts linked to the billing source based on their effective resource consumption.

This view is useful if:

  • You do not want to see a cost spike on the first of the month.
  • You have set up budgets at the project level.

NOTE: This spend type is not available using Detailed Billing Reports. This spend type will reflect Billed spend on Billing Sources using the Detailed Billing Report as the report type for AWS spend.

Amortized - Not Attributed (AWS Only)

With amortized billing, upfront costs for the resources you purchased are distributed across the term of the plan (the commitment period). In most cases, this is on a recurring monthly basis. This unattributed view provides horizontal financial data across your organization chart, showing spend at the parent, billing account where the resources were purchased, not on the linked accounts.

This view is useful if:

  • You do not want to see a cost spike on the first of the month.
  • You have not set up project level budgets, or you track spend at the top-level OU or funding source level instead.

NOTE: This spend type is not available using Detailed Billing Reports. This spend type will reflect Billed spend on Billing Sources using the Detailed Billing Report as the report type for AWS spend.

List

The on-demand list prices for resources are shown. This does not reflect any discounts or price variances.

This view is useful if:

  • You have your own customers using Kion.
  • You want to reduce end-user visibility into the discounts your organization receives.

NOTE: This spend type is not available using Detailed Billing Reports. This spend type will reflect Billed spend on Billing Sources using the Detailed Billing Report as the report type for AWS spend.

Switching between spend data types may trigger financial enforcements as the data is adjusted. If this is the case, you will be alerted before the setting configuration is saved.

Credits, Refunds, and Discounts

Select whether you would like to show credits, refunds, and discounts as deducted by default.

  • Deduct Credits (Billed and List only). Credits are adjustments that are applied to your account to cover eligible service costs. This can include promotional, purchased, and other granted credits.

    Prior to version 3.8.0, credits were only deducted from funding source spend. Now, historical spend will show with either credits deducted or not deducted for all items throughout the app based on your selection here.

  • Deduct Refunds and Discounts. Refunds can occur when a billing report is updated after finalizing your bill for the previous month. Discounts include reductions to your rate that are applied during a given billing period. Some discount examples are reservation discounts, committed use discounts, and savings plan discounts.

    When using Amortized spend data types, only discounts are reflected. Refunds and credits are not.

Locking Spend Settings

Within Financial Settings > Default Spend Settings, users can customize the spend settings other users in Kion can manage or see. Users with the “View All Spend Report Options” permission or admins can edit these settings, and it will apply to all users who don’t have the manage permission or are not in the admin group.

Lock Spend Data Type - This setting can be used to lock the option of using different data types when using spend reports. Users should use this setting if they want to lock users into a specific view of their data, while also being transparent about what type of spend they are viewing.

Hide Spend Data Type - This setting is used to both lock and hide the spend data type from the user. With this setting, the spend data type will not even appear in the filter options on spend reports.

Hide Credits/Discounts/Refunds - This setting is used to both lock and hide the credit/discount/refund selections made when using spend reports. Use this when you do not want users to be aware if they are receiving credits or discounts in the spend they are viewing.

Default Spending Time Frames

Set the default aggregate spend and project spend time frames to show throughout the application. These settings apply to the organization chart, OU cards, OU details, project cards, and project details. If this setting is also configured in a user's My User Settings, their configuration takes precedence.

Daily Financial Reporting

With version 3.12, Kion introduced daily granularity in spend reports. This is a setting that can be toggled on or off in financial settings. Upon upgrade, this setting will be turned on by default for all spend going forward.

If daily ingestion is currently “Off”, you can enable it by doing the following:

  1. Go to Settings in Kion
  2. Navigate to “System Settings” > “Financial Settings” > “Financial System Settings”
  3. Toggle Daily Spend Data “On"
    • From this point, daily data will be ingested going forward by default. However, if you want daily data for prior months, it will require a reprocessing for the months desired
  4. If historical daily granularity is desired, navigate to “Reprocessing Historical Data” and kickoff the process for the historical months the desired to convert to daily
    • Reprocessing Historical Data is also located within Financial Settings

If you do not reprocess historical months, only future days will be ingested and applicable to see spend when using daily granularity in spend reports. Prior months will not show daily spend, and spend reports will default to months when using those time frames.

Additionally, if you ingested daily granularity for a time period and then toggled the setting to “Off”, the previous daily data will remain in Kion, but the go forward ingestion will be monthly only. In this scenario, for you remove the historical daily spend, a reprocessing for that time frame would be required.

Tagged Spend Cache Generation

We have made performance improvements to our tag processing. When enabled, the system will generate a tagged spend cache which allows spend reports involving a single tag key to generate more quickly. This setting is on by default and should make tag spend reports more performant.

However, for Billing Sources with large financial reports, generating this cache may cause delays in financial processing. This setting should only be toggled off if you are experiencing problems with financial data loading. When disabled, the system will not generate the tagged spend cache and instead will run the report against the raw spend data.