[1][2] The manuscript — which describes the legends of the Kaqchikel nation and has historical and mythological components — is considered an important historical document on post-classic Maya civilization in the highlands of Guatemala.

Like the Popol Vuh, the Annals also identifies the almost legendary Tulan as the place from which they all set out, at least at one point in their various migrations.

The Kaqchikel narrative is quite gloomy, describing the forefather's departure from Tulan accompanied by a negative omen and the presaging of death and dismay.

It also refers to the Kʼicheʼ rulers forcing the King Qʼuicab the Great to leave Chaiviar (Chichicastenango), and migrate to the Ratzamut Mountains to found Iximché, which remained the new Kaqchikel capital until the arrival of the conquistadores.

This is the native story of the Conquest of Guatemala from the point of view of the vanquished.