diff --git a/conservancy_beancount/reports/accrual.py b/conservancy_beancount/reports/accrual.py
index 71531daeb42df8f831f5c62cb0144dbb1f50cd11..085c7750627f0c12ad77eac000f9f12120f07d15 100644
--- a/conservancy_beancount/reports/accrual.py
+++ b/conservancy_beancount/reports/accrual.py
@@ -539,6 +539,15 @@ class OutgoingReport(BaseReport):
             )
             requestor = f'{requestor_name} <{rt_requestor["EmailAddress"]}>'.strip()
 
+        last_zero_index = -1
+        for index, (post, balance) in enumerate(posts.iter_with_balance()):
+            if balance.is_zero():
+                prior_zero_index = last_zero_index
+                last_zero_index = index
+        if last_zero_index == index:
+            last_zero_index = prior_zero_index
+        posts = posts[last_zero_index + 1:]
+
         balance = -posts.balance_at_cost()
         balance_s = balance.format(None)
         raw_balance = -posts.balance()
diff --git a/setup.py b/setup.py
index bfd468a73c5365c13c6eb91ec1fc1073f29917fe..0baea20754f1e684a7730611ee5e9708d2cbd9e9 100755
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@ from setuptools import setup
 setup(
     name='conservancy_beancount',
     description="Plugin, library, and reports for reading Conservancy's books",
-    version='1.5.10',
+    version='1.5.11',
     author='Software Freedom Conservancy',
     author_email='info@sfconservancy.org',
     license='GNU AGPLv3+',
diff --git a/tests/test_reports_accrual.py b/tests/test_reports_accrual.py
index fc1e197a0d4348edba9aaa243d78b6424318b2a5..c98295905cafd16d4e3cadb51bd05d10f8c82f38 100644
--- a/tests/test_reports_accrual.py
+++ b/tests/test_reports_accrual.py
@@ -510,9 +510,16 @@ def test_outgoing_report(accrual_postings, caplog):
         r'^TOTAL TO PAY: \$280\.00$',
         fr'^AGREEMENT: {contract_url}',
         r'^BEANCOUNT ENTRIES:$',
-        # For each transaction, check for the date line, a metadata, and the
-        # Expenses posting.
-        r'^\s*2010-06-10\s',
+    ])
+    # Find the date line of the first transaction.
+    # For each transaction, check for the date line, a metadata, and the
+    # Expenses posting.
+    for line in output:
+        if not line.isspace():
+            break
+    assert re.match(r'\s*2010-06-10\s', line), \
+        "first entry line did not have expected date"
+    check_output(output, [
         fr'^\s+rt-id: "{rt_id_url}"$',
         r'^\s+Expenses:Services:Legal\s+220\.00 USD$',
         r'^\s*2010-06-10\s',