Cloud cost and FinOps: Google Cloud

Sefism.

A to Z

Glossary

Every concept in this sheet, plus the smaller terms it uses. Select a concept to open its card.

A
Actual versus amortised cost
Actual cost shows charges when they are billed, so an upfront commitment appears as one big charge.
B
Billing data latency
Cost data arrives in batches, hours behind usage, and a month keeps changing for a few days after it ends.
Billing export to BigQuery
Automatic export of billing data to BigQuery: standard usage cost, detailed (resource-level) usage cost, pricing data and a FOCUS dataset in preview as of October 2026.
Billing queries in SQL
SQL over a billing export answers what the console cannot: cost by tag and service, top resources, week-on-week change.
C
Cloud Billing accounts and projects
Resources live in projects; each project is linked to one Cloud Billing account that pays for it.
Cloud Billing reports
Console reports of cost by project, service, SKU, location or label over time, with a forecast and options to include or exclude credits such as CUDs and SUDs.
Cost tools on each provider
The same FinOps job has a different tool name on each cloud.
H
Hidden cost lines
Charges compute-only estimates miss: data transfer, NAT gateways, load balancers, public IPv4 addresses, logs, snapshots, idle managed databases, marketplace software and the support plan.
L
Labels in Google Cloud billing
Key-value labels on projects and resources appear in billing reports and the BigQuery export.
List, contracted, billed and effective cost
List is the public price.
P
Pricing calculators
Free tools from each provider to estimate a design: every resource, size, hours, storage, requests and data transfer, with assumptions written down.
Pricing units
Every charge is a quantity times a unit price: seconds or hours for compute, GB per month for storage, requests or invocations for serverless and APIs, GB for data transfer, tokens for AI models.
T
Tagging policy
A short written agreement on required tag keys, allowed values, who owns each list, where tags are applied, how compliance is measured and what happens to untagged resources.
Tagging policy template
A starting template with five required keys, their allowed values, and how the policy is applied and measured.
Tags and labels for cost
Key-value pairs on resources, such as team=payments, that flow into billing data so cost can be grouped by team, product, environment or cost centre.
U
Untaggable and shared spend
Cost that cannot carry your tags: support, taxes, some data transfer, marketplace charges, centrally bought commitments and shared platforms.
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