Pay-as-you-go accounting

Pay-as-you-go accounting is a billing method where you pay for services or resources only when you actually use them, rather than upfront or in fixed installments. This approach allows for more flexible and accurate cost tracking, aligning expenses directly with consumption. It's common in cloud computing, telecommunications, and subscription-based services, helping businesses and individuals manage cash flow efficiently and avoid paying for unused resources. Essentially, it turns variable costs into predictable expenses based on real usage, promoting transparency and cost control.