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Duration 14 hours
Course Outline
Foundational Payroll Concepts and Deductions
- An introduction to payroll administration and its regulatory context in Mexico
- Categories of compensation: standard, exceptional, and fluctuating pay
- Statutory and optional deductions (including ISR, IMSS, INFONAVIT, and loans)
- Classification of employees and various employment categories
- The concept of the salary base and its impact on payroll calculations
Salary Composition, Income, and Deductions
- Calculation of the Integrated Daily Salary (SDI) for IMSS purposes
- Combining fixed and variable compensation elements
- Processing bonuses, vacation pay, and overtime
- Configuring and overseeing distinct income and deduction categories within the platform
Managing Payroll in CONTPAQi
- A tour of the CONTPAQi Nóminas interface and functional modules
- Setting up company profiles and employee records
- Establishing payroll periods, defining concepts, and setting parameters
- Computing and verifying payroll figures
- Distributing payslips and issuing electronic CFDI documents
Legal and Tax Compliance in Payroll
- A review of Mexican payroll laws and regulatory duties
- Synchronization with IMSS, SAT, and INFONAVIT platforms
- Structure of CFDI 4.0 payroll and the digital signing procedure
- Creation of financial and accounting documentation
- Identifying frequent compliance pitfalls and strategies to avoid them
Recap and Future Directions
- A summary of critical payroll and compliance principles
- Best practices for continuous system updates and maintenance
- Suggestions for ongoing education and professional certification
Requirements
- A foundational grasp of payroll or human resources workflows
- Familiarity with the Mexican labor and tax landscape
- No existing experience with CONTPAQi is necessary
Target Participants
- Payroll administrators and HR specialists
- Accountants and tax compliance officers
- Finance team members handling 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.