Owning a business isn’t easy, spend your time focusing on your superpower and let us focus on ours!
At Nova Ridge we have a true passion to help business owners FINALLY feel in control of their finances. Quit stressing about tax time and start paying yourself more, so you have financial freedom… to go on that epic family vacation, buy a kick-ass car or achieve whatever goal you have pinned to your vision board!
Not sure what expenses you may be able to claim through your business??
Get clarity, download our FREE list today!
About Holly Penney
Holly is a Mom, Finance Enthusiast, Aspiring Minimalist & Chocoholic with a burning desire to help others!
She obtained her Bookkeeping Diploma in 2008 and holds a membership to the Institute for Professional Bookkeepers of Canada. She is a ProAdvisor for Quickbooks Online and a T-Sheets Pro. She is also a Commissioner for Oaths in the Province of Alberta.
Holly is a dedicated Mom, a two-time Egg Donor and loves to travel the world, exploring places like; France, Australia, England & Costa Rica!
Holly grew up in rural Nova Scotia on Falkland Ridge Road; so when deciding on a business name, Nova Ridge seemed like the perfect fitting combo!
What We Do
What is a Virtual Bookkeeping Professional?
A Virtual Bookkeeping Professional who conducts his/her work online. These professionals provide the same responsibilities of traditional bookkeepers except they are hired by a customer or client to do the work remotely.
Value Based VS Hourly Based Pricing?
At Nova Ridge Bookkeeping; we use Value Based Pricing. This means, having a fixed price for the project VS charging you an hourly rate.
The traditional way of pricing in the Bookkeeping industry does not give certainty. Pricing based on how long the work will take aka: hourly based pricing, means you don’t know the final bill until the work is completed and you receive your invoice. Hourly based pricing does not ensure the service provider works in the most effective way, charging you an hourly rate until the work is complete.
With Value Based pricing, you’ll be pleased to know we’re working on your file in a time & cost effective manner. Resulting in quicker turnaround time, as we’re always striving to enhance our skills to provide accuracy for you. Likewise, you’ll be receiving consistent monthly invoices; easier for budgeting & managing your expenses.
Commissioner for Oaths; in the Province of Alberta, Canada
Complimentary with all of our packages
At Nova Ridge, we provide unlimited email & phone support. We guarantee to email or phone you back within 1 business day or you’ll receive one month of service for FREE!
Monthly Financial Review meetings.
Each month via Zoom Meeting, your Professional Bookkeeper will host a Financial Review Meeting. At this meeting you’ll obtain your monthly financial statements, go over your finances in depth, ensuring you understand where your money is coming from and where it is going. At this meeting you’ll celebrate financial successes and assess areas of concentration.
Let’s Work Together!
A quick note about the virtual side of her business. It is such a time saver. It doesn’t mean just emailing and texting back and forth. When we need to meet face to face, Holly schedules a virtual meeting, called zoom meeting, and we can sit down with each other and she can show me her computer screen or notes, and we can hammer out many different action items without having to leave our offices and going to meet somewhere. It is a very efficient use of time for a busy business owner.
In the time that I have been working with Holly, I have found her to be consistently knowledgeable, professional, cheerful and encouraging. I highly recommend Holly with Nova Ridge Bookkeeping. “
We have a true passion to help business owners FINALLY feel in control of their finances. Quit stressing about taxes and start paying yourself more. Contact us today!
Resources to increase efficiency
Quickbooks Online is a cloud based accounting software. Keeping your records in the cloud means you are able to access your information anytime, from anywhere. Email invoices to your clients directly from your phone, access financial reports with ease and manage expenses all at the touch of your finger tips.
QBO is an essential tool at Nova Ridge Bookkeeping, ensuring all of our clients are keeping current with their finances.
Payroll doesn’t have to be complicated, especially with the help of Wagepoint. Wagepoint is a Canadian operated company that offers user friendly payroll services.
With Wagepoint, you never have to remember to submit source deductions, as they submit to the CRA automatically on your behalf. Payroll made Easy!!
You must maintain all records and source documents for a period of 6 years from the end of your last tax year. Did you know, you don’t have to maintain these records in paper form; cluttering up shelves, closets and sometimes entire rooms in your office. You can maintain all these records electronically. Using Dext is also an easy & effective way to transfer source documents to your bookkeeper.
Are you still using paper and pen to track your employees time? Well, welcome to the 21st century, there’s an app for that! Quickbooks Time is a user-friendly program, helping you save time to better manage your employee’s schedules and hours.
This is a must-have app on your phone! If you do any type of travelling for your business and let’s face it most of us at least travel to the store to pick up office supplies, you need Driversnote. Driversnote tracks the date of your trip, the start & end location, total KM’s travelled, and the purpose of your trip. At tax time, simply create a mileage report and hand it over to your accounting professional, saving you money on your taxes.
Are you tired of trying to remember 100’s of passwords just to realize you forgot your password once again, and have to use the dreaded ‘Forgot My Password’ link.
At Nova Ridge, we use an app called LastPass. With LastPass you never have to remember another password again. You can even securely share passwords with your team!