Accounting, Treasury & Taxes
Our finance and accounting team has successfully supported more than 300 companies doing business in Mexico. With fluent english professionals, we have weekly meeting with our clients to make sure that the chart of account at the end of each month consists with the financial reporting in the clients ERP system.
Our service differentiators:
- Usage of DIMSA’s web-based accounting software (ERP).
- General accounting principles compliance.
- Accounts payable day-to-day transaction registration and preparation of weekly accounts report.
- Preparation of invoices as agreed by both parties and record of journal entries within the month.
- Preparation of the monthly electronic accounting for SAT and filing state taxes.
- Calculation and control of depreciation of fixed assets.
- Preparation of the accounting month-end close.
- Presentation of INEGI monthly statistical report (If applies).
Treasury
- Bank reconciliations will be prepared each month.
- Maintain accurate bank balances in ERP System.
- DIMSA will operate with bank accounts, one account in MXN and one account in USD.
Taxes
- Preparation and submission of monthly and yearly tax compliance reports to authorities: VAT, withholding tax, income tax, Digital tax Certificate (CFDI), informative declarations, etc.
- Recommendation and advice of Transfer Pricing Study and Foreign Trade transactions fiscal impact.
- VAT refund applications
- General back office administration.
- Answer any extraordinary information requests made by authorities.
This services collectively ensure financial accuracy, optimize cash flow, and maintain on-going compliance, ultimately providing businesses with a solid foundation.