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Duration 14 hours (2 days)
Course Outline
Fundamentals of Payroll and Withholdings
- Introduction to payroll administration and its statutory context within Mexico
- Categories of compensation: standard, extraordinary, and variable remuneration
- Mandatory and optional deductions (including ISR, IMSS, INFONAVIT, and employee loans)
- Categorization of employees and various employment models
- The concept of base salary and its impact on payroll processing
Wage Aggregation, Earnings, and Deductions
- Calculating the Integrated Daily Salary (SDI) for IMSS purposes
- Consolidating fixed and variable compensation components
- Processing allowances, vacation pay, and overtime earnings
- Establishing and managing diverse income and deduction entries within the platform
Administering Payroll via CONTPAQi Payroll
- Exploring the CONTPAQi Nóminas interface and functional modules
- Establishing and configuring corporate profiles and employee records
- Defining payroll cycles, calculation concepts, and system parameters
- Running and verifying payroll computations
- Distributing payslips and electronic CFDI documents
Legal and Tax Compliance in Payroll
- Overview of Mexican payroll laws and statutory obligations
- Integration with IMSS, SAT, and INFONAVIT systems
- Structure of CFDI 4.0 payroll documents and the digital certification process
- Creation of fiscal and accounting summaries
- Identifying common compliance pitfalls and strategies to avoid them
Conclusion and Path Forward
- Recap of critical payroll and compliance principles
- Best practices for ongoing system updates and maintenance
- Suggestions for further professional development and certification
Requirements
- Foundational knowledge of payroll or human resource workflows
- Acclimatization to the Mexican labor and tax regulatory landscape
- No previous exposure to CONTPAQi is necessary
Target Audience
- Payroll specialists and human resources experts
- Accountants and tax compliance managers
- Financial personnel 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.