diff --git a/hledger/hledger.m4.md b/hledger/hledger.m4.md
index b0d1178a0..1bc3f3e07 100644
--- a/hledger/hledger.m4.md
+++ b/hledger/hledger.m4.md
@@ -4403,8 +4403,6 @@ When all input files have been read successfully,
 their transactions are passed to whichever hledger command the user specified.
 
 
-<a name="timeclock-format"></a>
-
 ### Well factored rules
 
 Some things than can help reduce duplication and complexity in rules files:
@@ -4713,6 +4711,8 @@ $ hledger -f paypal-custom.csv  print
 
 ```
 
+<a name="timeclock-format"></a>
+
 # Timeclock
 
 The time logging format of timeclock.el, as read by hledger.