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 Duration 14 hours (2 days)

Course Outline

Foundational Payroll Ideas and Withholdings

  • An introduction to payroll administration and the relevant legal framework in Mexico
  • Categories of earnings: standard, exceptional, and fluctuating compensation
  • Required and optional withholdings (including ISR, IMSS, INFONAVIT, loans, and others)
  • Staff categorization and various forms of employment
  • The notion of base salary and its impact on payroll processing

Calculating Salary Totals, Earnings, and Deductions

  • Determining the Integrated Daily Salary (SDI) for IMSS purposes
  • Combining fixed and variable compensation components
  • Processing bonuses, leave allowances, and overtime pay
  • Establishing and maintaining diverse income and deduction entries within the system

Administering Payroll via CONTPAQi Payroll

  • A look at the CONTPAQi Nóminas interface and its various modules
  • Setting up and adjusting company and employee profiles
  • Establishing payroll cycles, specific concepts, and system parameters
  • Executing and verifying payroll computations
  • Distributing payslips and generating electronic CFDI documents

Payroll Legal and Tax Regulatory Adherence

  • An overview of Mexican payroll laws and associated obligations
  • Connecting with IMSS, SAT, and INFONAVIT platforms
  • Understanding the CFDI 4.0 payroll format and the digital stamping procedure
  • Creating financial and accounting reports
  • Identifying common compliance mistakes and strategies to avoid them

Recap and Future Directions

  • Revisiting essential payroll and compliance principles
  • Best practices for continuous updates and system upkeep
  • Suggestions for further professional development and certification

Requirements

  • A foundational grasp of payroll or human resource operations
  • Acquainted with the Mexican labor and taxation landscape
  • Previous experience with CONTPAQi is not necessary

Target Participants

  • Professionals in payroll administration and human resources
  • Accountants and specialists in tax compliance
  • Financial team members overseeing payroll processing and reporting

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