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Duration 14 hours (2 days)
Course Outline
Fundamentals of Payroll and Deductions
- An introduction to payroll administration and its regulatory context in Mexico
- Categories of income: regular, exceptional, and fluctuating compensation
- Statutory and discretionary deductions (ISR, IMSS, INFONAVIT, employee loans, etc.)
- Employee categorization and various employment contracts
- The role of the salary base and its impact on payroll processing
Salary Composition, Earnings, and Deductions
- Daily Integrated Salary (SDI) and its computation for IMSS purposes
- Incorporating fixed and variable compensation elements
- Managing payments for bonuses, leave, and overtime
- Defining and controlling various income and deduction parameters within the system
Administering Payroll via CONTPAQi Payroll
- A look at the CONTPAQi Nóminas interface and its core modules
- Establishing and setting up company and employee profiles
- Configuring payroll cycles, concepts, and operational parameters
- Processing and verifying payroll calculations
- Distributing payslips and generating electronic CFDI documents
Legal and Taxary Compliance for Payroll
- An overview of Mexican payroll laws and organizational obligations
- Connectivity with IMSS, SAT, and INFONAVIT digital platforms
- CFDI 4.0 payroll formatting and the digital stamping procedure
- Creation of fiscal and accounting documentation
- Identifying frequent compliance issues and strategies for prevention
Recap and Future Actions
- Revisiting critical payroll and compliance principles
- Best practices for maintaining system updates and integrity
- Suggestions for further professional development and certification
Requirements
- A foundational grasp of payroll or human resources workflows
- Knowledge of the Mexican labor and tax landscape
- Prior experience with CONTPAQi is not a prerequisite
Target Audience
- Payroll officers and HR specialists
- Accountants and tax compliance professionals
- Financial 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.