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Duration 14 hours (2 days)
Course Outline
Fundamentals of Payroll and Withholdings
- Introduction to payroll administration and its regulatory context in Mexico
- Categorizing income: regular, special, and variable compensation
- Statutory and optional deductions (including ISR, IMSS, INFONAVIT, and loans)
- Employee categorization and various forms of employment
- The role of the salary base and its impact on payroll processing
Calculating Total Compensation and Deductions
- Computing the Integrated Daily Wage (SDI) for IMSS purposes
- Combining fixed and variable salary components
- Managing payments for bonuses, leave, and extra hours
- Configuring and overseeing diverse compensation and deduction entries within the system
Administering Payroll in CONTPAQi
- Exploration of the CONTPAQi Nóminas interface and functional modules
- Establishing and configuring company profiles and employee records
- Setting payroll cycles, compensation items, and system parameters
- Executing and verifying payroll calculations
- Creating pay slips and generating electronic CFDI documents
Regulatory and Tax Adherence for Payroll
- Overview of Mexican payroll legislation and mandatory obligations
- Integration with IMSS, SAT, and INFONAVIT platforms
- Structure of CFDI 4.0 payroll documents and the digital certification workflow
- Compilation of financial and accounting reports
- Identifying frequent compliance pitfalls and strategies to avoid them
Recap and Future Actions
- Consolidation of essential payroll and compliance knowledge
- Best practices for continuous system updates and maintenance
- Suggestions for ongoing professional development and certification
Requirements
- Foundational knowledge of HR or payroll workflows
- Awareness of the Mexican labor and tax landscape
- Prior hands-on experience with CONTPAQi is not necessary
Target Audience
- HR specialists and payroll administrators
- Accountants and tax compliance experts
- 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.