diff --git a/conservancy_beancount/reports/accrual.py b/conservancy_beancount/reports/accrual.py
index 9b8255fbf8d48abe782117bbb85175cfc818c39d..eb6d372f8a1228dddfb94ab2c20ba16072ce6574 100644
--- a/conservancy_beancount/reports/accrual.py
+++ b/conservancy_beancount/reports/accrual.py
@@ -498,6 +498,7 @@ def main(arglist: Optional[Sequence[str]]=None,
             'lineno': 1,
         }
         load_errors = [Error(source, "no books to load in configuration", None)]
+    filters.remove_opening_balance_txn(entries)
     postings = filter_search(data.Posting.from_entries(entries), args.search_terms)
     groups: PostGroups = dict(AccrualPostings.group_by_meta(postings, 'invoice'))
     groups = AccrualAccount.filter_paid_accruals(groups) or groups
diff --git a/tests/books/accruals.beancount b/tests/books/accruals.beancount
index 5be8a02be35a024ad2ec772c66efc5139657acc4..d538be0c023d487c08c2d23e8e555d48a6ea2516 100644
--- a/tests/books/accruals.beancount
+++ b/tests/books/accruals.beancount
@@ -5,6 +5,12 @@
 2020-01-01 open Expenses:Travel
 2020-01-01 open Income:Donations
 2020-01-01 open Liabilities:Payable:Accounts
+2020-01-01 open Equity:Funds:Opening
+
+2020-03-01 * "Opening balances"
+  Equity:Funds:Opening  -1000 USD
+  Assets:Receivable:Accounts  6000 USD
+  Liabilities:Payable:Accounts  -5000 USD
 
 2020-03-05 * "EarlyBird" "Payment for receivable from previous FY"
   rt-id: "rt:40"
@@ -24,6 +30,13 @@
   Liabilities:Payable:Accounts  -75 USD
   Expenses:Travel  75 USD
 
+2020-04-30 ! "Vendor" "Travel reimbursement"
+  rt-id: "rt:310"
+  contract: "rt:310/3100"
+  invoice: "FIXME"  ; still waiting on them to send it
+  Liabilities:Payable:Accounts  -200 USD
+  Expenses:Travel  200 USD
+
 2020-05-05 * "DonorA" "Donation pledge"
   rt-id: "rt:505"
   invoice: "rt:505/5050"
diff --git a/tests/test_reports_accrual.py b/tests/test_reports_accrual.py
index 067fa393bcd60e80e7e7cef10eaa81cf961ec18a..bd64fc63c3edcebc09ac89c1dd69fbba944244b2 100644
--- a/tests/test_reports_accrual.py
+++ b/tests/test_reports_accrual.py
@@ -33,10 +33,15 @@ from conservancy_beancount.reports import accrual
 from conservancy_beancount.reports import core
 
 _accruals_load = bc_loader.load_file(testutil.test_path('books/accruals.beancount'))
+ACCRUAL_TXNS = [
+    entry for entry in _accruals_load[0]
+    if hasattr(entry, 'narration')
+    and entry.narration != 'Opening balances'
+]
 ACCRUALS_COUNT = sum(
     1
-    for entry in _accruals_load[0]
-    for post in getattr(entry, 'postings', ())
+    for txn in ACCRUAL_TXNS
+    for post in txn.postings
     if post.account.startswith(('Assets:Receivable:', 'Liabilities:Payable:'))
 )
 
@@ -74,14 +79,9 @@ class RTClient(testutil.RTClient):
     }
 
 
-@pytest.fixture
-def accrual_entries():
-    return copy.deepcopy(_accruals_load[0])
-
 @pytest.fixture
 def accrual_postings():
-    entries = copy.deepcopy(_accruals_load[0])
-    return data.Posting.from_entries(entries)
+    return data.Posting.from_entries(copy.deepcopy(ACCRUAL_TXNS))
 
 def check_link_regexp(regexp, match_s, first_link_only=False):
     assert regexp