Course Outline
Payroll Fundamentals and Deduction Mechanisms
- An introduction to payroll administration and its governing legal framework in Mexico
- Distinct income categories: regular, exceptional, and fluctuating compensation
- Statutory and discretionary deductions (including ISR, IMSS, INFONAVIT, and employee loans)
- Classification of staff and various employment contracts
- The role of the salary base and its impact on payroll processing
Aggregating Salaries, Earnings, and Deductions
- Calculating the Integrated Daily Salary (SDI) for IMSS purposes
- Consolidating fixed and variable compensation components
- Processing bonuses, leave pay, and overtime earnings
- Configuring and administering various income and deduction parameters within the system
Operationalizing Payroll in CONTPAQi Payroll
- A comprehensive look at the CONTPAQi Nóminas interface and functional modules
- Establishing and configuring corporate entities and employee records
- Defining payroll cycles, specific concepts, and system parameters
- Executing and verifying payroll computations
- Generating payslips and issuing electronic CFDI files
Ensuring Legal and Tax Compliance in Payroll
- A review of Mexican payroll legislation and mandatory obligations
- Synchronization with IMSS, SAT, and INFONAVIT platforms
- Structure of CFDI 4.0 payroll documents and the digital signing procedure
- Creation of financial and accounting documentation
- Identifying frequent compliance pitfalls and strategies for avoidance
Recap and Future Directions
- Consolidation of essential payroll and compliance knowledge
- Best practices for continuous system updates and maintenance
- Advice for further professional development and certification
Requirements
- A foundational grasp of human resources or payroll workflows
- Knowledge of the Mexican labor and tax landscape
- No previous familiarity with CONTPAQi is necessary
Intended Participants
- Payroll managers and HR specialists
- Tax compliance officers and accountants
- Finance team members overseeing payroll reporting and administration
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.