diff --git a/hledger/hledger.m4.md b/hledger/hledger.m4.md
index 465eee466..e0c9fb646 100644
--- a/hledger/hledger.m4.md
+++ b/hledger/hledger.m4.md
@@ -902,10 +902,8 @@ The TYPE part selects cost or value and valuation date:
: Convert amounts to cost, using the prices recorded in transactions.
`--value=then`
-: Convert amounts to their value in the [default valuation commodity](#valuation-commodity),
- using market prices on each posting's date. This is currently
- supported only by the [print](#print) and [register](#register)
- commands.
+: Convert amounts to their value in the [default valuation commodity](#valuation-commodity),
+ using market prices on each posting's date.
`--value=end`
: Convert amounts to their value in the default valuation commodity, using market prices
@@ -1058,32 +1056,32 @@ Related:
[#329](https://github.com/simonmichael/hledger/issues/329),
[#1083](https://github.com/simonmichael/hledger/issues/1083).
-| Report type | `-B`, `--value=cost` | `-V`, `-X` | `--value=then` | `--value=end` | `--value=DATE`, `--value=now` |
-|-----------------------------------------------------|------------------------------------------------------------------|-------------------------------------------------------------------|-------------------------------------------------------|-------------------------------------------------------------------|-----------------------------------------|
-| **print** | | | | | |
-| posting amounts | cost | value at report end or today | value at posting date | value at report or journal end | value at DATE/today |
-| balance assertions/assignments | unchanged | unchanged | unchanged | unchanged | unchanged |
-|
| | | | | |
-| **register** | | | | | |
-| starting balance (-H) | cost | value at day before report or journal start | not supported | value at day before report or journal start | value at DATE/today |
-| posting amounts | cost | value at report end or today | value at posting date | value at report or journal end | value at DATE/today |
-| summary posting amounts with report interval | summarised cost | value at period ends | sum of postings in interval, valued at interval start | value at period ends | value at DATE/today |
-| running total/average | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values |
-|
| | | | | |
-| **balance (bs, bse, cf, is)** | | | | | |
-| balance changes | sums of costs | value at report end or today of sums of postings | not supported | value at report or journal end of sums of postings | value at DATE/today of sums of postings |
-| budget amounts (--budget) | like balance changes | like balance changes | not supported | like balances | like balance changes |
-| grand total | sum of displayed values | sum of displayed values | not supported | sum of displayed values | sum of displayed values |
-|
| | | | | |
-| **balance (bs, bse, cf, is) with report interval** | | | | | |
-| starting balances (-H) | sums of costs of postings before report start | value at report start of sums of all postings before report start | not supported | value at report start of sums of all postings before report start | sums of postings before report start |
-| balance changes (bal, is, bs --change, cf --change) | sums of costs of postings in period | same as --value=end | not supported | balance change in each period, valued at period ends | value at DATE/today of sums of postings |
-| end balances (bal -H, is --H, bs, cf) | sums of costs of postings from before report start to period end | same as --value=end | not supported | period end balances, valued at period ends | value at DATE/today of sums of postings |
-| budget amounts (--budget) | like balance changes/end balances | like balance changes/end balances | not supported | like balances | like balance changes/end balances |
-| row totals, row averages (-T, -A) | sums, averages of displayed values | sums, averages of displayed values | not supported | sums, averages of displayed values | sums, averages of displayed values |
-| column totals | sums of displayed values | sums of displayed values | not supported | sums of displayed values | sums of displayed values |
-| grand total, grand average | sum, average of column totals | sum, average of column totals | not supported | sum, average of column totals | sum, average of column totals |
-|
| | | | | |
+| Report type | `-B`, `--value=cost` | `-V`, `-X` | `--value=then` | `--value=end` | `--value=DATE`, `--value=now` |
+|-----------------------------------------------------|------------------------------------------------------------------|-------------------------------------------------------------------|------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|-----------------------------------------|
+| **print** | | | | | |
+| posting amounts | cost | value at report end or today | value at posting date | value at report or journal end | value at DATE/today |
+| balance assertions/assignments | unchanged | unchanged | unchanged | unchanged | unchanged |
+|
| | | | | |
+| **register** | | | | | |
+| starting balance (-H) | cost | value at day before report or journal start | valued at day each historical posting was made | value at day before report or journal start | value at DATE/today |
+| posting amounts | cost | value at report end or today | value at posting date | value at report or journal end | value at DATE/today |
+| summary posting amounts with report interval | summarised cost | value at period ends | sum of postings in interval, valued at interval start | value at period ends | value at DATE/today |
+| running total/average | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values | sum/average of displayed values |
+|
| | | | | |
+| **balance (bs, bse, cf, is)** | | | | | |
+| balance changes | sums of costs | value at report end or today of sums of postings | value at posting date | value at report or journal end of sums of postings | value at DATE/today of sums of postings |
+| budget amounts (--budget) | like balance changes | like balance changes | like balance changes | like balances | like balance changes |
+| grand total | sum of displayed values | sum of displayed values | sum of displayed valued | sum of displayed values | sum of displayed values |
+|
| | | | | |
+| **balance (bs, bse, cf, is) with report interval** | | | | | |
+| starting balances (-H) | sums of costs of postings before report start | value at report start of sums of all postings before report start | sums of values of postings before report start at respective posting dates | value at report start of sums of all postings before report start | sums of postings before report start |
+| balance changes (bal, is, bs --change, cf --change) | sums of costs of postings in period | same as --value=end | sums of values of postings in period at respective posting dates | balance change in each period, valued at period ends | value at DATE/today of sums of postings |
+| end balances (bal -H, is --H, bs, cf) | sums of costs of postings from before report start to period end | same as --value=end | sums of values of postings from before period start to period end at respective posting dates | period end balances, valued at period ends | value at DATE/today of sums of postings |
+| budget amounts (--budget) | like balance changes/end balances | like balance changes/end balances | like balance changes/end balances | like balances | like balance changes/end balances |
+| row totals, row averages (-T, -A) | sums, averages of displayed values | sums, averages of displayed values | sums, averages of displayed values | sums, averages of displayed values | sums, averages of displayed values |
+| column totals | sums of displayed values | sums of displayed values | sums of displayed values | sums of displayed values | sums of displayed values |
+| grand total, grand average | sum, average of column totals | sum, average of column totals | sum, average of column totals | sum, average of column totals | sum, average of column totals |
+|
| | | | | |
`--cumulative` is omitted to save space, it works like `-H` but with a zero starting balance.
diff --git a/hledger/test/journal/valuation.test b/hledger/test/journal/valuation.test
index fc9ee8a8a..5128926fe 100644
--- a/hledger/test/journal/valuation.test
+++ b/hledger/test/journal/valuation.test
@@ -376,7 +376,17 @@ Balance changes in 2000-01-01..2000-04-30, valued at cost:
---++--------------------------------------
|| 6 B 7 B 8 B 0 21 B 5 B
-# 35. multicolumn balance report showing changes in period-end values
+# 35. multicolumn balance report valued at posting date
+$ hledger -f- bal -M --value=then
+Balance changes in 2000-01-01..2000-04-30, valued at posting date:
+
+ || Jan Feb Mar Apr
+===++====================
+ a || 1 B 2 B 3 B 0
+---++--------------------
+ || 1 B 2 B 3 B 0
+
+# 36. multicolumn balance report showing changes in period-end values
$ hledger -f- bal -M --value=end
Period-end value changes in 2000-01-01..2000-04-30:
@@ -386,7 +396,7 @@ Period-end value changes in 2000-01-01..2000-04-30:
---++---------------------
|| 5 B -1 B 5 B 3 B
-# 36. multicolumn balance report showing changes in period-end values with -T or -A
+# 37. multicolumn balance report showing changes in period-end values with -T or -A
$ hledger -f- bal -MTA --value=end
Period-end value changes in 2000-01-01..2000-04-30:
@@ -396,7 +406,7 @@ Period-end value changes in 2000-01-01..2000-04-30:
---++---------------------------------------
|| 5 B -1 B 5 B 3 B 12 B 3 B
-# 37. multicolumn balance report valued at other date
+# 38. multicolumn balance report valued at other date
$ hledger -f- bal -MTA --value=2000-01-15
Balance changes in 2000-01-01..2000-04-30, valued at 2000-01-15:
@@ -406,7 +416,7 @@ Balance changes in 2000-01-01..2000-04-30, valued at 2000-01-15:
---++--------------------------------------
|| 5 B 5 B 5 B 0 15 B 4 B
-# 38. multicolumn balance report valued today (with today >= 2000-04-01)
+# 39. multicolumn balance report valued today (with today >= 2000-04-01)
$ hledger -f- bal -M --value=now
Balance changes in 2000-01-01..2000-04-30, current value:
@@ -416,7 +426,7 @@ Balance changes in 2000-01-01..2000-04-30, current value:
---++--------------------
|| 4 B 4 B 4 B 0
-# 39. multicolumn balance report showing changes in period-end values (same as --value=end)
+# 40. multicolumn balance report showing changes in period-end values (same as --value=end)
$ hledger -f- bal -M -V
Period-end value changes in 2000-01-01..2000-04-30:
@@ -428,7 +438,7 @@ Period-end value changes in 2000-01-01..2000-04-30:
# balance, periodic, with -H (starting balance and accumulating across periods)
-# 40. multicolumn balance report with -H, valued at cost.
+# 41. multicolumn balance report with -H, valued at cost.
# The starting balance on 2000/01/01 is 6 B (cost of the first 2 A).
# February adds 1 A costing 7 B, making 13 B.
# March adds 1 A costing 8 B, making 21 B.
@@ -441,7 +451,7 @@ Ending balances (historical) in 2000-02-01..2000-04-30, valued at cost:
---++------------------------------------
|| 13 B 21 B 21 B
-# 41. multicolumn balance report with -H valued at period end.
+# 42. multicolumn balance report with -H valued at period end.
# The starting balance is 1 A.
# February adds 1 A making 2 A, which is valued at 2000/02/29 as 4 B.
# March adds 1 A making 3 A, which is valued at 2000/03/31 as 9 B.
@@ -455,7 +465,7 @@ Ending balances (historical) in 2000-02-01..2000-04-30, valued at period ends:
---++---------------------------------------------
|| 4 B 9 B 12 B 8 B
-# 42. multicolumn balance report with -H valued at other date.
+# 43. multicolumn balance report with -H valued at other date.
# The starting balance is 5 B (1 A valued at 2000/1/15).
$ hledger -f- bal -M -H -b 200002 --value=2000-01-15
Ending balances (historical) in 2000-02-01..2000-04-30, valued at 2000-01-15:
@@ -466,7 +476,7 @@ Ending balances (historical) in 2000-02-01..2000-04-30, valued at 2000-01-15:
---++------------------------------------
|| 10 B 15 B 15 B
-# 43. multicolumn balance report with -H, valuing each period's carried-over balances at cost.
+# 44. multicolumn balance report with -H, valuing each period's carried-over balances at cost.
<
P 2000/01/01 A 1 B
P 2000/01/15 A 5 B
@@ -486,7 +496,7 @@ Ending balances (historical) in 2000Q1, valued at cost:
---++------------------------------------
|| 6 B 6 B 6 B
-# 44. multicolumn balance report with -H, valuing each period's carried-over balances at period end.
+# 45. multicolumn balance report with -H, valuing each period's carried-over balances at period end.
# Unrelated, also -H always disables -T.
$ hledger -f- bal -META -H -p200001-200004 --value=e
Ending balances (historical) in 2000Q1, valued at period ends:
@@ -497,7 +507,7 @@ Ending balances (historical) in 2000Q1, valued at period ends:
---++---------------------------------------------
|| 5 B 2 B 3 B 3 B
-# 45. multicolumn balance report with -H, valuing each period's carried-over balances at other date.
+# 46. multicolumn balance report with -H, valuing each period's carried-over balances at other date.
$ hledger -f- bal -ME -H -p200001-200004 --value=2000-01-15
Ending balances (historical) in 2000Q1, valued at 2000-01-15:
@@ -529,7 +539,7 @@ P 2000/04/01 A 4 B
2000/03/01
(a) 1 A @ 8 B
-# 46. budget report, unvalued (for reference).
+# 47. budget report, unvalued (for reference).
$ hledger -f- bal -M --budget
Budget performance in 2000-01-01..2000-04-30:
@@ -539,7 +549,7 @@ Budget performance in 2000-01-01..2000-04-30:
---++---------------------------------------------------------------------
|| 1 A [50% of 2 A] 1 A [50% of 2 A] 1 A [50% of 2 A] 0 [0% of 2 A]
-# 47. budget report, valued at cost.
+# 48. budget report, valued at cost.
$ hledger -f- bal -MTA --budget --value=c
Budget performance in 2000-01-01..2000-04-30, valued at cost:
@@ -549,7 +559,7 @@ Budget performance in 2000-01-01..2000-04-30, valued at cost:
---++---------------------------------------------------------------------------------------------------------------
|| 6 B [300% of 2 B] 7 B [350% of 2 B] 8 B [400% of 2 B] 0 [0% of 2 B] 21 B [262% of 8 B] 5 B [262% of 2 B]
-# 48. budget report, showing changes in period-end values.
+# 49. budget report, showing changes in period-end values.
$ hledger -f- bal -MTA --budget --value=e
Budget performance in 2000-01-01..2000-04-30, valued at period ends:
@@ -559,7 +569,7 @@ Budget performance in 2000-01-01..2000-04-30, valued at period ends:
---++-------------------------------------------------------------------------------------------------------------------
|| 5 B [50% of 10 B] -1 B [50% of -2 B] 5 B [50% of 10 B] 3 B [21% of 14 B] 12 B [38% of 32 B] 3 B [38% of 8 B]
-# 49. budget report, valued at other date.
+# 50. budget report, valued at other date.
$ hledger -f- bal -MTA --budget --value=2000-01-15
Budget performance in 2000-01-01..2000-04-30, valued at 2000-01-15:
@@ -569,7 +579,7 @@ Budget performance in 2000-01-01..2000-04-30, valued at 2000-01-15:
---++----------------------------------------------------------------------------------------------------------------
|| 5 B [50% of 10 B] 5 B [50% of 10 B] 5 B [50% of 10 B] 0 [0% of 10 B] 15 B [38% of 40 B] 4 B [38% of 10 B]
-# 50. --value=then with --historical. The starting total is valued individually for each posting at its posting time.
+# 51. --value=then with --historical. The starting total is valued individually for each posting at its posting time.
<
P 2020-01-01 A 1 B
P 2020-02-01 A 2 B
@@ -593,7 +603,7 @@ $ hledger -f- reg --value=then -b 2020-03 -H
2020-04-01 (a) 4 B 10 B
>=0
-# 51. --value=then with a report interval. How are the summary amounts valued ?
+# 52. --value=then with a report interval. How are the summary amounts valued ?
# Currently each interval's unvalued sum is valued on its first day.
<
P 2020-01-01 A 1 B
@@ -618,7 +628,7 @@ $ hledger -f- reg --value=then -Q
2020Q2 a 4 B 7 B
>=0
-# 52. print --value should affect all postings, including when there's an implicit transaction price
+# 53. print --value should affect all postings, including when there's an implicit transaction price
<
P 2020-01-01 A 1 C
P 2020-01-01 B 1 C