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Duration 14 hours (2 days)
Course Outline
Fundamentals of Payroll and Deductions
- Exploring the legal framework governing payroll management in Mexico
- Classifying income types: regular, exceptional, and variable compensation
- Identifying mandatory and optional deductions (such as ISR, IMSS, INFONAVIT, and loans)
- Categorizing employees and defining various employment structures
- Understanding the salary base concept and its role in payroll processing
Calculating Salaries, Income, and Deductions
- Determining the Integrated Daily Salary (SDI) and its application for IMSS
- Combining fixed and variable pay components
- Processing payments for bonuses, leave, and overtime
- Configuring and organizing various income and deduction concepts within the system
Administering Payroll with CONTPAQi
- Navigating the CONTPAQi Nóminas interface and exploring its modules
- Setting up and defining company and employee profiles
- Establishing payroll cycles, concepts, and relevant parameters
- Calculating and verifying payroll data
- Generating payslips and electronic CFDI documents
Legal and Tax Compliance in Payroll
- Reviewing Mexican payroll laws and associated responsibilities
- Synchronizing data with IMSS, SAT, and INFONAVIT systems
- Structuring CFDI 4.0 payroll data and managing digital stamping
- Creating fiscal and accounting summaries
- Avoiding typical compliance mistakes and strategies for prevention
Recap and Future Actions
- Revisiting core payroll and compliance principles
- Best practices for system updates and continuous maintenance
- Advice for further professional development and certification
Requirements
- Foundational knowledge of payroll or human resources workflows
- Awareness of the Mexican labor and tax landscape
- No previous background with CONTPAQi is necessary
Target Learners
- Payroll managers and HR experts
- Accountants and tax compliance specialists
- Financial 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.