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Duration 14 hours
Course Outline
Payroll Fundamentals and Deductions
- An introduction to payroll administration and its corresponding legal framework in Mexico
- Categories of income: regular, extraordinary, and variable compensation
- Statutory and optional deductions (such as ISR, IMSS, INFONAVIT, and employee loans)
- Classification of employees and various employment types
- The definition of salary base and its impact on payroll processing
Integrating Salary, Income, and Deductions
- Calculating the Integrated Daily Salary (SDI) for IMSS purposes
- Combining fixed and variable payments into the total salary
- Processing bonuses, vacation pay, and overtime compensation
- Establishing and overseeing diverse income and deduction parameters within the system
Managing Payroll in CONTPAQi Payroll
- An overview of the CONTPAQi Nóminas interface and functional modules
- Setting up and configuring company and employee profiles
- Establishing payroll cycles, specific concepts, and system parameters
- Computing and verifying payroll figures
- Distributing payslips and generating electronic CFDI documents
Legal and Tax Compliance in Payroll
- An overview of Mexican payroll legislation and associated obligations
- Integrating with IMSS, SAT, and INFONAVIT digital systems
- The structure of CFDI 4.0 payroll documents and the digital stamping procedure
- Creating financial and accounting reports
- Identifying common compliance pitfalls and strategies to avoid them
Recap and Future Directions
- A review of critical payroll and compliance principles
- Best practices for ongoing system updates and maintenance
- Suggestions for continued professional development and certification
Requirements
- A foundational grasp of payroll or human resources workflows
- No prior hands-on experience with CONTPAQi is necessary
Target Audience
- Payroll administrators and HR specialists
- Accountants and tax compliance officers
- Finance 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.