Griesel Nel Incorporated

Griesel Nel Incorporated Griesel Nel Incorporated is a long established professional audit & accounting firm which provide bus

We are members of the South African Institute of Chartered Accountants and South Africa Institute for Professional Accountants. Our personnel have many years of experience offering financial services and consulting to small and medium size businesses. We are proud of our professional standing with business’, providers and financial- and revenue authorities. Our objective is to elevate our clients’

equity by rendering expert support through knowledge and experience on the highest professional level in all facets of auditing, accounting, taxation and management services.

🐔 Slipper Day Winner Announced! 🏆 Huge congratulations to Celesté Bresler and her absolutely adorable chicken slippers! ...
29/05/2026

🐔 Slipper Day Winner Announced! 🏆 Huge congratulations to Celesté Bresler and her absolutely adorable chicken slippers! The team loved every fluffy detail. You nailed it, Celesté! 🎉

Here's a shocking truth: You can be profitable but still go broke. How? By confusing cash flow and profit. They're compl...
29/05/2026

Here's a shocking truth: You can be profitable but still go broke. How? By confusing cash flow and profit. They're completely different:
➡️ PROFIT = Revenue minus expenses (on paper)
➡️ CASH FLOW = Actual money in and out of your bank account

➡️ Real Example:
You invoice a client R100,000 (profit increases immediately). But they pay 90 days later. Meanwhile, you need to pay your staff THIS Friday. Your profit looks great. Your bank account is empty. Welcome to cash flow crisis.

➡️ Why This Matters:
Companies with terrible profit margins can survive with excellent cash flow. Companies with fantastic profit margins can collapse from poor cash flow. Retailers, construction companies, and service providers struggle with this constantly because of payment delays.

➡️ The Business That Almost Failed:
A manufacturing client of ours was "profitable" (R200,000 quarterly profit). But their customers paid on 60-90 day terms while their suppliers demanded payment in 30 days. Result? Constant cash shortage despite being profitable. We restructured their working capital—same profit, but now cash flows smoothly.

➡️ Questions to Ask Yourself:
❓ When do your customers actually pay vs. when do you invoice?
❓ When must you pay suppliers vs. when do you invoice them?
❓ Do you have 3-6 months of operating expenses in reserve?
❓ Are you managing your debtors aggressively?

➡️ The Solution:
Cash flow forecasting. Know what's coming in and going out each week, not just monthly. Track your days sales outstanding (DSO) and days payable outstanding (DPO). Negotiate better payment terms. Build cash reserves.

👉 This is where professional business advisory makes a real difference.

Our Business Advisory division helps companies like yours:
✔️ Forecast cash flow accurately
✔️ Optimise payment terms
✔️ Manage working capital efficiently
✔️ Identify cash flow risks before they become crises
✔️ Build financial resilience

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

Strong accounting professionals are developed through practical training, mentorship, and industry exposure. Working acr...
28/05/2026

Strong accounting professionals are developed through practical training, mentorship, and industry exposure. Working across audit, tax, compliance, and advisory divisions helps trainee accountants build the experience required for long-term professional growth.

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Apply now at www.grieselnel.co.za

Estate planning includes wills, fiduciary planning, and the administration of assets and responsibilities. Having a stru...
22/05/2026

Estate planning includes wills, fiduciary planning, and the administration of assets and responsibilities. Having a structured estate plan in place helps protect loved ones and ensures that important matters are handled correctly when needed.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

Independent reviews help businesses strengthen reporting accuracy and stakeholder confidence.Independent reviews provide...
21/05/2026

Independent reviews help businesses strengthen reporting accuracy and stakeholder confidence.

Independent reviews provide valuable assurance on financial statements while helping businesses identify reporting inconsistencies and maintain compliance standards. Reliable financial information supports better decision-making and long-term sustainability.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

Provisional tax submissions require careful financial planning and accurate income estimations. Keeping records updated ...
15/05/2026

Provisional tax submissions require careful financial planning and accurate income estimations. Keeping records updated throughout the financial year helps businesses and individuals avoid unnecessary stress closer to submission periods.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

All registered companies and close corporations are required to submit annual returns to the CIPC within the required ti...
14/05/2026

All registered companies and close corporations are required to submit annual returns to the CIPC within the required timeframe. Staying compliant helps businesses maintain their legal standing and avoid administrative complications.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

🚀 Ready to become a CA? We're accepting article clerk applications for 2026/2027! Train with experienced professionals a...
13/05/2026

🚀 Ready to become a CA? We're accepting article clerk applications for 2026/2027! Train with experienced professionals across audit, tax, compliance, and advisory. Work with diverse clients from day one. Member of GMN International.

Apply now at www.grieselnel.co.za

Meeting SARS deadlines is an important part of responsible business management. Keeping financial records updated throug...
08/05/2026

Meeting SARS deadlines is an important part of responsible business management. Keeping financial records updated throughout the year reduces pressure during submission periods and helps avoid unnecessary penalties or compliance risks.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

A business can show a profit while still struggling to cover operational expenses. Monitoring cash flow, budgeting corre...
06/05/2026

A business can show a profit while still struggling to cover operational expenses. Monitoring cash flow, budgeting correctly, and reviewing financial reports regularly helps business owners make informed decisions and maintain financial stability.

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📍 7 Centuria Park, 265 von Willich Avenue, Centurion
☎️ 012 663 1735
✉️ [email protected]

Address

7 Centuria Park, 265 Von Willich Avenue
Centurion
0157

Opening Hours

Monday 07:30 - 16:30
Tuesday 07:30 - 16:30
Wednesday 07:30 - 16:30
Thursday 07:30 - 16:30
Friday 07:30 - 15:00

Telephone

+27126631735

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