Why This Matters

Mexico requires all companies to maintain their accounting records electronically and submit them monthly to the tax authorities. This electronic accounting system (COI) must be in Spanish and use the official chart of accounts structure., this creates the challenge of maintaining records that satisfy both Mexican requirements and their global reporting standards.

Our accounting services bridge this gap by maintaining dual-purpose records that meet Mexican compliance requirements while providing the information needed for consolidated financial reporting. We ensure that all electronic invoices (CFDIs) are properly recorded and that intercompany transactions are documented in accordance with transfer pricing requirements.

Additionally, we provide monthly management reporting that helps foreign companies understand their Mexican operations in the context of their global business. This includes analysis of key performance indicators, currency impact assessments, and trend analysis that supports strategic decision-making.