If you have defined virtual machine instance sizes, you can apply a price for each VM instance size for the pay-as-you-go allocation models of organization vDC. The price that you define for each VM instance size is applied to the compute rates.

Prerequisites

If you do not want to use the default VM instance sizes, you must have defined your custom VM instance sizes.

Procedure

  1. Log in to vRealize Business for Cloud as an administrator.
    • https://vRealize_Automation_host_name/vcac/org/tenant_URL (for the vRealize Automation integrated setup)

    • https://vRealize_Business_for_Cloud_host_name/itfm-cloud (for the vRealize Business for Cloud standalone setup)

  2. Click Business Management.
  3. Select Pricing, click Edit, and select Edit Pricing.
  4. Select the Private Cloud (vSPhere) tab and expand vCloud Director.
  5. Select the Compute tab and expand the PAYG policy.
  6. Select Use VM Instance Based Pricing under Rates.
  7. Click Edit next to the Use VM Instance Based Pricing text box.
  8. Enter the price for each VM instance size and click Save.
  9. Ensure that you have selected allocation model for pricing methodology at the resource level.
    1. Click the Administration tab.
    2. Click Business Management.

      Ignore this step for the vRealize Business for Cloud standalone setup.

    3. Expand Calculation Preferences and click Pricing Methodology at Resource Level and verify that Allocation is selected for both CPU and Memory.
    Note:

    If you use virtual machine instance-based pricing, the CPU and Memory charge are displayed as 0 in all the reports. The compute charge for VM instances are displayed separately in the reports.