Course Outline
Payroll Fundamentals and Deductions
- Introduction to payroll administration and its legal context in Mexico
- Categories of compensation: standard, exceptional, and variable pay
- Statutory and elective deductions (including ISR, IMSS, INFONAVIT, and loan repayments)
- Employee categorization and various forms of employment
- The role of the salary base in payroll processing
Calculating Salary Integration, Income, and Deductions
- Integrated Daily Salary (SDI) and its computation for IMSS purposes
- Aggregating fixed and variable compensation elements
- Processing bonuses, vacation pay, and overtime
- Establishing and managing distinct income and deduction parameters within the system
Administering Payroll in CONTPAQi
- Introduction to the CONTPAQi Nóminas interface and functional modules
- Setting up and configuring company and employee records
- Defining payroll cycles, key concepts, and operational parameters
- Executing and verifying payroll computations
- Issuing payslips and generating electronic CFDI documents
Regulatory and Taxual Compliance in Payroll
- Overview of Mexican payroll statutes and employer obligations
- Integration processes with IMSS, SAT, and INFONAVIT platforms
- Structure of CFDI 4.0 for payroll and the digital signing procedure
- Creation of fiscal and accounting summaries
- Identifying common compliance pitfalls and preventive strategies
Conclusion and Forward Planning
- Recap of essential payroll and compliance principles
- Best practices for ongoing system updates and maintenance
- Suggestions for further professional development and certification
Requirements
- Fundamental knowledge of payroll or human resources procedures
- Awareness of the Mexican regulatory landscape concerning labor and taxation
- No previous experience with CONTPAQi is necessary
Intended Audience
- Payroll administrators and HR specialists
- Accountants and tax compliance managers
- 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.