Season the beef with salt and pepper.
Sprinkle the all purpose flour over the beef and coat on each side, remove any excess flour.
Sear the beef in a large skillet with vegetable oil over medium-high heat for 5-6 minutes on each side.
Remove the beef from the skillet and add some extra oil if needed.
Add the onions and peppers to the skillet and cook until translucent.
Add the garlic and cook until fragrant.
Pour the dry white wine and deglaze the skillet.
Cook the veggies and wine until he wine reduces by half.
Place the beef back into the skillet.
Add the tomato sauce, cumin, sazon, bay leaves, water, olives, salt, and pepper.
Cook for 1 hour on low heat or until the beef is tender.
One hour later add the potatoes, cover, and cook until the potatoes and beef are fork tender.
Check for seasoning, then serve over white rice and enjoy!