diff --git a/Ledger/Parse.hs b/Ledger/Parse.hs
index 82e0b5b0e..09b444e4c 100644
--- a/Ledger/Parse.hs
+++ b/Ledger/Parse.hs
@@ -48,7 +48,7 @@ emptyCtx = Ctx { ctxYear = Nothing, ctxCommod = Nothing, ctxAccount = [] }
 
 parseLedger :: FilePath -> String -> ErrorT String IO RawLedger
 parseLedger inname intxt = case runParser ledgerFile emptyCtx inname intxt of
-                             Right m  -> m `ap` (return rawLedgerEmpty)
+                             Right m  -> liftM rawLedgerConvertTimeLog $ m `ap` (return rawLedgerEmpty)
                              Left err -> throwError $ show err
 
 ledgerFile :: GenParser Char LedgerFileCtx (ErrorT String IO (RawLedger -> RawLedger))
@@ -59,8 +59,8 @@ ledgerFile = do entries <- many1 ledgerAnyEntry
                                   , liftM (return . addEntry)         ledgerEntry
                                   , liftM (return . addModifierEntry) ledgerModifierEntry
                                   , liftM (return . addPeriodicEntry) ledgerPeriodicEntry
-                                  , blankline   >> return (return id)
-                                  , commentline >> return (return id)
+                                  , emptyLine >> return (return id)
+                                  , liftM (return . addTimeLogEntry)  timelogentry
                                   ]
 
 ledgerInclude :: GenParser Char LedgerFileCtx (ErrorT String IO (RawLedger -> RawLedger))
@@ -189,15 +189,11 @@ i, o, b, h
 See "Tests" for sample data.
 -}
 
-blankline :: GenParser Char st String
-blankline = (do { s <- many spacenonewline; newline; return s }) <?> "blank line"
-
-commentline :: GenParser Char st String
-commentline = do
-  many spacenonewline
-  char ';' <?> "comment line"
-  l <- restofline
-  return $ ";" ++ l
+emptyLine :: GenParser Char st ()
+emptyLine = do many spacenonewline
+               optional $ char ';' >> spacenonewline >> many (noneOf "\n")
+               newline
+               return ()
 
 ledgercomment :: GenParser Char st String
 ledgercomment = 
@@ -453,7 +449,6 @@ timelog = do
 
 timelogentry :: GenParser Char st TimeLogEntry
 timelogentry = do
-  many (commentline <|> blankline)
   code <- oneOf "bhioO"
   many1 spacenonewline
   datetime <- ledgerdatetime
diff --git a/Ledger/RawLedger.hs b/Ledger/RawLedger.hs
index 9b4350094..b296a930f 100644
--- a/Ledger/RawLedger.hs
+++ b/Ledger/RawLedger.hs
@@ -15,6 +15,7 @@ import Ledger.Amount
 import Ledger.Entry
 import Ledger.Transaction
 import Ledger.RawTransaction
+import Ledger.TimeLog
 
 
 instance Show RawLedger where
@@ -125,3 +126,9 @@ rawLedgerAmounts = map amount . rawLedgerTransactions
 rawLedgerPrecisions :: RawLedger -> [Int]
 rawLedgerPrecisions = map precision . rawLedgerCommodities
 
+rawLedgerConvertTimeLog :: RawLedger -> RawLedger
+rawLedgerConvertTimeLog l0 = l0 { entries = convertedTimeLog ++ entries l0
+                                , open_timelog_entries = []
+                                }
+    where convertedTimeLog = entriesFromTimeLogEntries $ open_timelog_entries l0
+
diff --git a/Ledger/TimeLog.hs b/Ledger/TimeLog.hs
index 102d98e16..e93e335a5 100644
--- a/Ledger/TimeLog.hs
+++ b/Ledger/TimeLog.hs
@@ -14,17 +14,12 @@ import Ledger.Dates
 import Ledger.Commodity
 import Ledger.Amount
 
-
 instance Show TimeLogEntry where 
     show t = printf "%s %s %s" (show $ tlcode t) (show $ tldatetime t) (tlcomment t)
 
 instance Show TimeLog where
     show tl = printf "TimeLog with %d entries" $ length $ timelog_entries tl
 
--- | Convert a time log to a ledger.
-ledgerFromTimeLog :: TimeLog -> RawLedger
-ledgerFromTimeLog tl = RawLedger [] [] (entriesFromTimeLogEntries $ timelog_entries tl) ""
-
 -- | Convert time log entries to ledger entries.
 entriesFromTimeLogEntries :: [TimeLogEntry] -> [Entry]
 entriesFromTimeLogEntries [] = []