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articles/cost-management-billing/manage/ea-portal-vm-reservations.md

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---
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title: Azure EA VM reserved instances
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description: This article summaries how Azure reservations for VM reserved instances can help you save you money with your enterprise enrollment.
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description: This article summaries how Azure reservations for VM reserved instances can help you save your money with your enterprise enrollment.
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author: bandersmsft
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ms.author: banders
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ms.date: 02/08/2022
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ms.date: 11/29/2022
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ms.topic: conceptual
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ms.service: cost-management-billing
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ms.subservice: enterprise
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# Azure EA VM reserved instances
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This article summaries how Azure reservations for VM reserved instances can help you save you money with your enterprise enrollment. For more information about reservations, see [What are Azure Reservations?](../reservations/save-compute-costs-reservations.md).
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This article summaries how Azure reservations for VM reserved instances can help you save your money with your enterprise enrollment. For more information about reservations, see [What are Azure Reservations?](../reservations/save-compute-costs-reservations.md).
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## Reservation exchanges and refunds
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We’ll issue a partial refund when EA customers return reservations that were purchased using overage and not Azure Prepayment (previously called monetary commitment).
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The refund will be displayed in the EA portal as a negative adjustment in the previous month and a positive adjustment in the current month. It will show up similarly to a reservations exchange. The credit memo will reference the original invoice number; therefore, to reconcile the initial purchase with the credit memo, please refer to the original invoice number.
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To return a partial refund with Azure Prepayment:
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1. The refund amount is reflected on the purchase month. In the EA portal, navigate to **Usage Summary** > **Adjustments/Charge by services**.
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2. The refund is shown in the EA portal as a negative adjustment in the purchase month and a positive adjustment in the current month. It appears similar to a reservations exchange.
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To return a partial refund with an overage:
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1. View the refund amount displayed in the purchase month. In the EA portal, navigate to **Usage Summary** > **Charge by services**.
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2. The credit memo references the original invoice number. To reconcile the initial purchase with the credit memo, refer to the original invoice number.
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Direct Enterprise customers can view the refund details in the Azure portal. To view refunds:
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### Reservation prices
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Any reservation discounts that your organization might have negotiated are not shown in the EA portal price sheet. Previously, the discounted rates were available in the EA portal, however that functionality was removed. If you’ve negotiated reduced reservation prices, currently the only way to view the discounted prices is in the purchase reservation purchase experience.
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Any reservation discounts that your organization might have negotiated aren't shown in the EA portal price sheet. Previously, the discounted rates were available in the EA portal, however that functionality was removed. If you’ve negotiated reduced reservation prices, currently the only way to view the discounted prices is in the purchase reservation purchase experience.
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The prices for reservations are not necessarily the same between retail rates and EA. They could be the same, but if you’ve negotiated a discount, the rates will differ.
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The prices for reservations aren't necessarily the same between retail rates and EA. They could be the same, but if you’ve negotiated a discount, the rates will differ.
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Prices shown in the [Azure Pricing calculator](https://azure.microsoft.com/pricing/calculator/) and [Retail Prices API](/rest/api/cost-management/retail-prices/azure-retail-prices) are the same. Querying the API is the best way to view all prices at once.
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## Azure reserved virtual machine instances
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Reserved instances can reduce your virtual machine costs up to 72 percent over Pay-As-You-Go prices on all VMs. Or up to 82 percent savings when combined with the Azure hybrid benefit. Reserved instances help you manage your workloads, budget, and forecast better with an upfront payment for a one-year or three-year term. You can also exchange or cancel reservations as business needs change.
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Reserved instances can reduce your virtual machine costs up to 72 percent over Pay-As-You-Go prices on all VMs. Or up to 82 percent savings when combined with the Azure hybrid benefit. Reserved instances help you manage your workloads, budget, and forecast better with an up-front payment for a one-year or three-year term. You can also exchange or cancel reservations as business needs change.
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### How to buy reserved virtual machine instances
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You can view your reserved instance usage detail in the [Azure portal](https://aka.ms/reservations) or in the [Azure EA portal](https://ea.azure.com/) (for EA customers who have access to view billing information) under _Reports_ > _Usage Summary_ > _Charges by Services_. Your reserved instances can be identified as service names containing 'Reservation', for example: `Reservation-Base VM or Virtual Machines Reservation-Windows Svr (1 Core)`.
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Your usage detail and advanced report download CSV has additional reserved instance usage information. The _Additional Info_ field helps you identify the reserved instance usage.
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Your usage detail and advanced report download CSV has more reserved instance usage information. The _Additional Info_ field helps you identify the reserved instance usage.
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If you didn't use the Azure hybrid benefit to purchase Azure reserved VM instances, reserved instances will emit two meters (hardware and software). When you use the Azure hybrid benefit to purchase reserved instance, you won't see the software meter in your reserved instance usage detail.
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### Reserved instance billing
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For enterprise customers, Azure Prepayment is used to purchase Azure reserved VM instances. If your enrollment has enough Azure Prepayment balance to cover the reserved instance purchase, the amount will be deducted from your Azure Prepayment balance and you won't get an invoice for the purchase.
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For enterprise customers, Azure Prepayment is used to purchase Azure reserved VM instances. If your enrollment has enough Azure Prepayment balance to cover the reserved instance purchase, the amount will be deducted from your Azure Prepayment balance. You won't get an invoice for the purchase.
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In scenarios where Azure EA customers have used all their Azure Prepayment, reserved instances can still be purchased, and those purchases will be invoiced on your next overage bill. Reserved instance overage, if any, will be part of your regular overage invoice.
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