Cost Optimization Billing Configuration

You can configure LogicMonitor to import AWS and Azure billing data using the Billing configuration tool to streamline the process of exporting cloud billing data from each provider into LogicMonitor.

You can also configure billing data imports from the Resource Tree by applying billing export data to your existing cloud resources. For more information on AWS billing Resource Tree configuration, see AWS Billing Monitoring Setup

Requirements for Configuring Billing Data for Cost Optimization

To configure billing, your LogicMonitor portal must already be set up to monitor AWS and Azure resources. You must also have the necessary IAM and Azure Entra roles in place to access billing data. For more information, see AWS Monitoring Setup and Adding Microsoft Azure Cloud Monitoring.

To configure AWS billing data for Cost Optimization, you must create a new Cost and Usage Report (CUR) within the AWS console. You will need the following information from the CUR:

• Name of your Amazon S3 bucket
  To obtain the name of your S3 bucket, you must set up an Amazon S3 bucket for your Cost and Usage Report.
  For more information, see Setting up an Amazon S3 bucket for cost and usage reports from AWS.
• Report path prefix of your cost and usage report
  To obtain the report path prefix, you must create a Cost and Usage Report that is enabled to integrate with Amazon Redshift.
  For more information, see Creating Cost and Usage Reports from AWS.

To configure Azure billing data for Cost Optimization, you must create a new data Export within the Azure console. For more information, see Create and manage exported data from Azure. You will need the following information from your Azure data export:

• Export Name
• Storage Account Name
• Storage Account Container Name
• Storage Account Container Directory

You must also assign a role within Azure to your LogicMonitor resource group. This process requires the following details associated with your LogicMonitor resource group:

• Azure Tenant ID
• Azure Client ID
• Azure Secret Key

For more information, see Assign Azure roles to external users using the Azure portal from Azure.

Configuring AWS Billing Data for Cost Optimization

1. In LogicMonitor, navigate to Cost Optimization > Billing and select Manage Billing Configurations.
2. In Manage Billing Configurations, select Create Billing Configuration.
3. In the Provider field, select “AWS.”
4. In the Display Name field, enter a name for your AWS configuration.
5. (Optional) Enter a Description.
   
6. In Permissions settings, the AWS Account ID field populates automatically with the ID of an AWS account. LogicMonitor uses this account to collect billing data from your AWS account.
7. (Optional) Enable Re-use External ID. This allows you to use the same External ID from an AWS account already connected to LogicMonitor.

8. In the Select an existing AWS Account field, enter or search for an AWS account from which to collect billing data.

9. The Create a new policy field comes pre-filled with a basic set of permissions to enable LogicMonitor access to your Cost and Usage Report

10. In the Add role ARN to LogicMonitor field, enter the Amazon Resource Number (ARN) for LogicMonitor’s IAM role. For more information, see IAM Identifiers from AWS.
    
11. In the Billing info tab, enter the S3 Bucket Name and Report Path Prefix into the provided fields.
    
12. Select Verify and add export.

Configuring Azure Billing Data for Cost Optimization

1. In LogicMonitor, navigate to Cost Optimization > Billing and select Manage Billing Configurations.
2. In Manage Billing Configurations, select Create Billing Configuration.
3. In the Provider field, select Azure.
4. In the Display Name field, enter a name for your AWS configuration.
5. (Optional) Enter a Description.
   
6. In the Permissions tab, enter the Azure Tenant ID, Azure Client ID, and Azure Secret Key into the provided fields.
   
7. In the Billing tab, enter the Export Name for your Azure data export.
8. Enter the Storage Account Name, Storage Account Container Name, and Storage Account Container Directory into the provided fields.
   
9. Select Verify and add export.

Configuring Azure Billing Using the Resource Tree

1. In your Azure console, create a new data Export. For more information, see Create and manage exported data from Azure.
2. Assign a role within Azure to your LogicMonitor resource group.
   • This process requires the Azure Client ID associated with your LogicMonitor resource group. For more information, see Assign Azure roles to external users using the Azure portal from Azure.
   • When editing the IAM config for the storage account to which you send exports, assign the Storage Blob Data Reader role to the AppRegistration used for LogicMonitor.
3. In LogicMonitor, navigate to Resource Tree and select the Manage icon for your Azure resource group, then select Permissions to locate the Client ID.
4. Select the report and copy the Subscriptionid assigned to it. The Subscription name provided by Azure in the cost export will appear as the Account Name in LogicMonitor Billing. If you want to enable enhanced billing features, copy the following details:
   • Export Name
   • Storage Account Name
   • Storage Account Container Name
   • Storage Account Container Directory
5. In LogicMonitor, navigate to Resource Tree and select the resource group used to monitor your Azure environment.
6. Select Manage > the Billing tab. Enter the information above into the provided fields,
7. Select Verify Enhanced Billing to validate any changes.