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Duration 14 hours
Course Outline
Fundamentals of Payroll Concepts and Deductions
- Introduction to payroll administration and its regulatory framework within Mexico.
- Categorization of earnings: regular, exceptional, and fluctuating compensation.
- Mandatory versus voluntary withholdings (including ISR, IMSS, INFONAVIT, and employee loans).
- Employee categorization and various types of employment contracts.
- The concept of the salary base and its impact on payroll processing.
Integrating Salaries, Income, and Deductions
- Calculating the Integrated Daily Salary (SDI) for IMSS purposes.
- Incorporating fixed and variable compensation components.
- Processing bonuses, vacation pay, and overtime compensation.
- Establishing and overseeing distinct income and deduction concepts within the platform.
Administering Payroll via CONTPAQi Payroll
- A tour of the CONTPAQi Nóminas interface and its core modules.
- Creating and setting up company profiles and employee records.
- Defining payroll cycles, specific concepts, and system parameters.
- Generating and verifying payroll computations.
- Distributing payslips and electronic CFDI documents.
Legal and Tax Compliance in Payroll
- An overview of Mexican payroll legislation and associated obligations.
- Synchronization with IMSS, SAT, and INFONAVIT systems.
- Structure of CFDI 4.0 payroll data and the digital signing process.
- Creating fiscal and accounting reports.
- Identifying frequent compliance pitfalls and strategies for avoidance.
Recap and Future Steps
- Summary of essential payroll and compliance principles.
- Best practices for continuous system updates and maintenance.
- Suggestions for further professional development and certification.
Requirements
- A foundational grasp of payroll or human resources workflows.
- General awareness of the Mexican labor and tax landscape.
- No previous experience with CONTPAQi is necessary.
Target Audience
- Payroll managers and HR specialists.
- Accountants and tax compliance officers.
- 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.