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Duration 14 hours
Course Outline
Payroll Fundamentals and Deductions
- An introduction to payroll administration and the relevant legal framework in Mexico
- Categories of earnings: regular, exceptional, and variable compensation
- Required and optional deductions (including ISR, IMSS, INFONAVIT, loans, and others)
- Employee categorization and various employment classifications
- The concept of the salary base and its impact on payroll processing
Salary Aggregation, Earnings, and Deductions
- The Integrated Daily Salary (SDI) and its computation for IMSS purposes
- Combining fixed and variable compensation elements
- Managing bonuses, vacation pay, and overtime
- Configuring and maintaining various income and deduction categories within the system
Payroll Administration in CONTPAQi Payroll
- An overview of the CONTPAQi Nóminas interface and functional modules
- Setting up and configuring company entities and employee records
- Establishing payroll cycles, specific concepts, and system parameters
- Computing and verifying payroll figures
- Distributing payslips and electronic CFDI documents
Legal and Tax Compliance for Payroll
- A summary of Mexican payroll laws and corporate obligations
- Interfacing with IMSS, SAT, and INFONAVIT platforms
- The CFDI 4.0 payroll format and the digital signing procedure
- Creating fiscal and accounting reports
- Frequent compliance mistakes and strategies to avoid them
Wrap-up and Future Actions
- Recap of essential payroll and compliance principles
- Best practices for continuous updates and system upkeep
- Advice on further professional development and certification
Requirements
- A foundational grasp of payroll or human resources workflows
- Awareness of the Mexican labor and tax landscape
- No previous experience with CONTPAQi is necessary
Intended Audience
- Payroll administrators and HR specialists
- Accountants and tax compliance specialists
- Finance team members tasked with payroll administration 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.