diff --git a/conservancy_beancount/data.py b/conservancy_beancount/data.py
index 6475f83d0a683bce088926391485df47b6e0763b..d50bcb820925060bb5d5ca6def8dd5c6b730aeb4 100644
--- a/conservancy_beancount/data.py
+++ b/conservancy_beancount/data.py
@@ -39,6 +39,7 @@ class Account(str):
         return (
             self.is_under('Assets:')
             and not self.is_under('Assets:PrepaidExpenses')
+            and not self.is_under('Assets:PrepaidVacation')
         )
 
     def is_under(self, acct_s: str) -> bool:
diff --git a/tests/test_data_account.py b/tests/test_data_account.py
index 622c4996563cc2131f2600dfb2f370c7debd2a4c..bfc6f862dd19b81a0225728d3a0c0875fbd901a2 100644
--- a/tests/test_data_account.py
+++ b/tests/test_data_account.py
@@ -37,6 +37,7 @@ def test_is_under(acct_name, under_arg, expected):
     ('Assets:Cash', True),
     ('Assets:Cash:EUR', True),
     ('Assets:PrepaidExpenses', False),
+    ('Assets:PrepaidVacation', False),
     ('Assets:Bank:Checking', True),
     ('Expenses:General', False),
     ('Income:Donations', False),