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Duration 14 hours (2 days)
Course Outline
Payroll Fundamentals and Deduction Categories
- Introduction to payroll administration and its legal context within Mexico
- Classifications of income: standard, exceptional, and variable compensation
- Required and optional deductions (including ISR, IMSS, INFONAVIT, employee loans, among others)
- Employee categories and various forms of employment
- The concept of the salary base and its impact on payroll processing
Salary Composition, Earnings, and Deductions
- Calculation of the Integrated Daily Salary (SDI) for IMSS purposes
- Consolidating fixed and variable pay components
- Managing bonuses, vacation pay, and overtime compensation
- Configuring and administering distinct income and deduction structures within the system
Payroll Administration in CONTPAQi Payroll
- A walkthrough of the CONTPAQi Nóminas interface and its functional modules
- Establishing and configuring company profiles and employee records
- Setting payroll cycles, defining specific concepts, and adjusting parameters
- Processing and verifying payroll calculations
- Generating payslips and issuing electronic CFDI documents
Legal and Tax Compliance for Payroll
- An overview of Mexican payroll laws and associated obligations
- Interoperability with IMSS, SAT, and INFONAVIT platforms
- CFDI 4.0 payroll architecture and the process of digital stamping
- Creation of financial and accounting reports
- Identifying common compliance pitfalls and strategies to avoid them
Conclusion and Future Steps
- Recap of essential payroll and compliance principles
- Best practices for continuous system updates and maintenance
- Advice on pursuing further education and professional certification
Requirements
- A foundational grasp of payroll operations or human resources workflows
- Familiarity with the Mexican labor landscape and tax environment
- No previous experience with CONTPAQi is necessary
Intended Audience
- Payroll administrators and HR specialists
- Accountants and professionals focused on tax compliance
- Finance team members tasked with payroll oversight and reporting
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.