Merit pay. Merit pay is a term that describes performance-related pay, most frequently in the context of educational reform or government civil service reform (government jobs). It provides bonuses for workers who perform their jobs effectively, according to easily measurable criteria.
Coinsurance is the percentage of your medical bill you share with your insurance company after youâve paid your deductible. Unless you have a policy with 100 percent coverage for everything, you have to pay a coinsurance amount. You have an â80/20â plan.
Hi: You are right. The HST Charged on Sales account should be in credit balance, the HST Paid on Purchases account should be in debit balance and the Net amount should be your refund as you say. Not sure how on earth the setup could end up with the HST Paid on Purchases account being credited.