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Billing

FlexFS billing is an intentionally uncomplicated process whereby you pay only for the data you store in flexFS. The only variable that applies is your cost / GB-month rate Rm.

Statistics gathering​

Summary statistics for each flexFS volume are reported to Paradigm4 at least hourly. From those, we may see:

example-volume: Bh bytes @ 2024-01-01 01:00

Where:

  • Bh = number of bytes stored in flexFS that hour

Hourly rate calculation​

An effective hourly rate is calculated as follows:

Rh = Rm / Hm

Where:

  • Rh = hourly rate
  • Rm = monthly rate (contracted)
  • Hm = hours in the billing month

Hourly cost calculation​

For each hour, the average reported size of the volume in bytes is converted to GB and multiplied by the hourly rate.

Ch = (Bh / 1,073,741,824) * Rh

Where:

  • Ch = hourly cost
  • 1 GB = 1 GiB = 1,073,741,824 bytes (standard practice in cloud storage calculations)
  • Rh = hourly rate (calculated earlier)

Monthly cost calculation​

We simply add up the calculated hourly costs, Ch, for the month to determine the total cost for the month.

Quarterly invoicing​

For most customers, we send quarterly invoices on Net 30 payment terms.