Course Outline
Payroll Fundamentals and Deduction Categories
- Introductory overview of payroll management and the corresponding legal framework in Mexico
- Classification of earnings: standard, exceptional, and variable compensation
- Statutory and discretionary withholdings (including ISR, IMSS, INFONAVIT, and loan repayments)
- Categorization of employees and various forms of employment
- The concept of base salary and its impact on payroll processing
Aggregating Salaries, Earnings, and Withholdings
- Daily Integrated Salary (SDI) computation for IMSS purposes
- Consolidation of fixed and variable pay components
- Processing of bonuses, vacation pay, and overtime compensation
- Establishing and controlling distinct income and deduction parameters within the system
Administering Payroll via CONTPAQi Payroll
- Navigation of the CONTPAQi Nóminas interface and functional modules
- Establishment and configuration of organizational entities and employee records
- Definition of payroll cycles, relevant concepts, and operational parameters
- Execution and verification of payroll computations
- Distribution of pay slips and generation of electronic CFDI documents
Legal and Taxary Compliance in Payroll
- Summary of Mexican payroll legislation and associated obligations
- Interoperability with IMSS, SAT, and INFONAVIT platforms
- Structure of CFDI 4.0 for payroll and the digital signing procedure
- Creation of fiscal and accounting documentation
- Identification of frequent compliance pitfalls and strategies for avoidance
Recap and Forward Planning
- Consolidation of essential payroll and compliance principles
- Best practices for system upkeep and periodic updates
- Suggestions for further professional development and certification paths
Requirements
- Foundational knowledge of HR or payroll operational processes
- Awareness of the Mexican regulatory landscape regarding labor and taxation
- No prior proficiency with CONTPAQi is necessary
Target Participants
- Payroll managers and human resources specialists
- Accountants and officers responsible for tax compliance
- Financial team members overseeing 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.