Payroll Management
Payroll services in Mexico involve more than calculating wages, they require strict compliance with complex labor, tax, and social security regulations. Employers must adhere to the federal labor law and the Mexican Social Security Institute requirements. This includes, accurate employee classification, timely salary payments, proper tax withholdings and mandatory benefit contributions. Non compliance can result in audits, penalties and legal issues.
- Usage of licensed payroll software.
- Front-end: bank account employee registration, enter data of absenteeism vacation days, personal time-off, etc.
- Creation and delivery of dispersion bank files and accounting journal entries.
- Clarifications and notifications and notifications to the IMSSI (Social Security).
Our web-based payroll service makes it easier for your businesses to manage payroll and get full compliance with all payroll-related statutory requirements and obligations according to the Mexican law at an affordable price, our platform offers easy access and flexible reporting any place and any time. We have experience in payroll processing functions for more than 25,000 employees.
Our service differentiators:
- We offer support and attention for internal audits or audits made by a third party.
- Our service includes the social security audit processed by a certified accountant firm.
- Daily backup of information, monthly reporting of payroll incidences for tax purposes.