Course Outline
Payroll Principles and Withholdings
- An introduction to payroll administration and its regulatory framework in Mexico.
- Categories of earnings: standard, exceptional, and variable compensation.
- Compulsory and optional withholdings (including ISR, IMSS, INFONAVIT, and loans).
- Employee categorisation and various forms of employment.
- The concept of base salary and its impact on payroll processing.
Salary Aggregation, Earnings, and Withholdings
- Calculating the Integrated Daily Salary (SDI) for IMSS purposes.
- Consolidating fixed and variable payments.
- Managing bonuses, vacation pay, and overtime allowances.
- Establishing and controlling diverse income and deduction concepts within the system.
Payroll Administration in CONTPAQi Payroll
- A comprehensive view of the CONTPAQi Nóminas interface and its modules.
- Setting up and configuring company profiles and employee records.
- Defining payroll cycles, specific concepts, and system parameters.
- Computing and verifying payroll figures.
- Distributing payslips and generating electronic CFDI files.
Legal and Fiscal Compliance in Payroll
- An overview of Mexican payroll legislation and statutory obligations.
- Integration with IMSS, SAT, and INFONAVIT platforms.
- The structure of CFDI 4.0 for payroll and the digital stamping procedure.
- Compiling fiscal and accounting reports.
- Identifying frequent compliance pitfalls and strategies to avoid them.
Conclusions and Future Steps
- A recap of essential payroll and compliance principles.
- Directives for continuous system updates and maintenance.
- Suggestions for ongoing professional development and certification.
Requirements
- Foundational knowledge of payroll or human resources procedures.
- Adeptness in navigating the Mexican labour and tax landscape.
- No previous experience with CONTPAQi is necessary.
Target Audience
- Payroll administrators and HR specialists.
- Accountants and tax compliance officers.
- Finance personnel tasked with payroll management and reporting.
Custom Corporate Training
Training solutions designed exclusively for businesses.
- Customised Content: We adapt the syllabus and practical exercises to the real goals and needs of your project.
- Flexible Schedule: Dates and times adapted to your team's agenda.
- Format: Online (live), In-company (at your offices), or Hybrid.
Price per private group, online live training, starting from £3200 + VAT*
Contact us for an exact quote and to hear our latest promotions
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.
