User`s guide

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Create a Cost Model on page 93
You can create multiple cost models in vCenter Chargeback. Defining multiple cost models enables you
to charge different sets of entities or hierarchies differently. It also enables you to compare the costs
calculated using different cost models for a hierarchy or a set of entities.
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Modify a Cost Model on page 95
After a cost model is created, you can modify it as and when required.
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Delete a Cost Model on page 96
You can remove invalid or unwanted cost models from the application. However, you cannot delete the
Default Chargeback Cost Model.
Create a Cost Model
You can create multiple cost models in vCenter Chargeback. Defining multiple cost models enables you to
charge different sets of entities or hierarchies differently. It also enables you to compare the costs calculated
using different cost models for a hierarchy or a set of entities.
You must have create privilege for the cost model resource type on vCenter Chargeback to perform this task.
Procedure
1 In the Manage Cost tab, click Cost Models.
A table listing all the cost models created in the application is displayed.
2 Click Create.
The Cost Model screen is displayed.
3 Provide a name description for the cost model and set the currency type in the General tab.
Option Description
Name
Name for the cost model. This is mandatory information. The character limit
for the cost model name is 255 characters.
Description
An optional description of the cost model. The character limit for the
description is 512 characters.
Currency
The currency type used for defining the base rates and special costs in the
cost model.
4 In the Billing Policy tab, set the period for which the billing policy will be effective.
The default selection is Update from now onwards, indicating the billing policy will be effective from the
time of creation of the cost model till it is changed at a future date.
The other option is Update for the effective period. If you select this option, you must specify the start
and end date of the period for which the billing policy will be effective. You must enter the dates in the
mm/dd/yyyy format. If the end date is not specified, the billing policy will be effective from the specified
start date till infinity.
5 Select the required policy from the Billing Policy list.
6 In the Base Rates tab, set the period for which the base rates will be effective.
The default selection is Update from now onwards, indicating the base rates will be effective from the
time of creation of the cost model till it is changed at a future date.
The other option is Update for the effective period. If you select this option, you must specify the start
and end date of the period for which the base rates will be effective. You must enter the dates in the mm/
dd/yyyy format. If the end date is not specified, the base rates will be effective from the specified start date
till infinity.
Chapter 6 Managing and Configuring vCenter Chargeback Cost Elements
VMware, Inc. 93