diff --git a/hledger-lib/Hledger/Reports/BudgetReport.hs b/hledger-lib/Hledger/Reports/BudgetReport.hs
index 8977818bf..9f63f12f2 100644
--- a/hledger-lib/Hledger/Reports/BudgetReport.hs
+++ b/hledger-lib/Hledger/Reports/BudgetReport.hs
@@ -61,7 +61,6 @@ budgetReport ropts' assrt reportspan d j =
     -- and that reports with and without --empty make sense when compared side by side
     ropts = ropts' { accountlistmode_ = ALTree }
     showunbudgeted = empty_ ropts
-    q = queryFromOpts d ropts
     budgetedaccts =
       dbg2 "budgetedacctsinperiod" $
       nub $
@@ -73,9 +72,9 @@ budgetReport ropts' assrt reportspan d j =
     actualj = dbg1With (("actualj"++).show.jtxns)  $ budgetRollUp budgetedaccts showunbudgeted j
     budgetj = dbg1With (("budgetj"++).show.jtxns)  $ budgetJournal assrt ropts reportspan j
     actualreport@(PeriodicReport actualspans _ _) =
-        dbg1 "actualreport" $ multiBalanceReport ropts q actualj
+        dbg1 "actualreport" $ multiBalanceReport d ropts actualj
     budgetgoalreport@(PeriodicReport _ budgetgoalitems budgetgoaltotals) =
-        dbg1 "budgetgoalreport" $ multiBalanceReport (ropts{empty_=True}) q budgetj
+        dbg1 "budgetgoalreport" $ multiBalanceReport d (ropts{empty_=True}) budgetj
     budgetgoalreport'
       -- If no interval is specified:
       -- budgetgoalreport's span might be shorter actualreport's due to periodic txns;
diff --git a/hledger-lib/Hledger/Reports/MultiBalanceReport.hs b/hledger-lib/Hledger/Reports/MultiBalanceReport.hs
index 4512bb335..738ef7894 100644
--- a/hledger-lib/Hledger/Reports/MultiBalanceReport.hs
+++ b/hledger-lib/Hledger/Reports/MultiBalanceReport.hs
@@ -71,13 +71,15 @@ type ClippedAccountName = AccountName
 -- (see ReportOpts and CompoundBalanceCommand).
 -- hledger's most powerful and useful report, used by the balance
 -- command (in multiperiod mode) and (via multiBalanceReport') by the bs/cf/is commands.
-multiBalanceReport :: ReportOpts -> Query -> Journal -> MultiBalanceReport
-multiBalanceReport ropts q j = multiBalanceReportWith ropts q j (journalPriceOracle j)
+multiBalanceReport :: Day -> ReportOpts -> Journal -> MultiBalanceReport
+multiBalanceReport today ropts j = multiBalanceReportWith ropts (queryFromOpts today ropts) j (journalPriceOracle j)
 
--- | A helper for multiBalanceReport. This one takes an extra argument, a
+-- | A helper for multiBalanceReport. This one takes an explicit Query
+-- instead of deriving one from ReportOpts, and an extra argument, a
 -- PriceOracle to be used for looking up market prices. Commands which
--- run multiple reports (bs etc.) can generate the price oracle just once
--- for efficiency, passing it to each report by calling this function directly.
+-- run multiple reports (bs etc.) can generate the price oracle just
+-- once for efficiency, passing it to each report by calling this
+-- function directly.
 multiBalanceReportWith :: ReportOpts -> Query -> Journal -> PriceOracle -> MultiBalanceReport
 multiBalanceReportWith ropts@ReportOpts{..} q j priceoracle =
   (if invert_ then prNegate else id) $
@@ -358,7 +360,7 @@ multiBalanceReportWith ropts@ReportOpts{..} q j priceoracle =
 balanceReportFromMultiBalanceReport :: ReportOpts -> Query -> Journal -> BalanceReport
 balanceReportFromMultiBalanceReport opts q j = (rows', total)
   where
-    PeriodicReport _ rows (PeriodicReportRow _ _ totals _ _) = multiBalanceReport opts q j
+    PeriodicReport _ rows (PeriodicReportRow _ _ totals _ _) = multiBalanceReportWith opts q j (journalPriceOracle j)
     rows' = [( a
              , if flat_ opts then a else accountLeafName a   -- BalanceReport expects full account name here with --flat
              , if tree_ opts then d-1 else 0  -- BalanceReport uses 0-based account depths
@@ -391,7 +393,7 @@ tests_MultiBalanceReport = tests "MultiBalanceReport" [
     amt0 = Amount {acommodity="$", aquantity=0, aprice=Nothing, astyle=AmountStyle {ascommodityside = L, ascommodityspaced = False, asprecision = 2, asdecimalpoint = Just '.', asdigitgroups = Nothing}, aismultiplier=False}
     (opts,journal) `gives` r = do
       let (eitems, etotal) = r
-          (PeriodicReport _ aitems atotal) = multiBalanceReport opts (queryFromOpts nulldate opts) journal
+          (PeriodicReport _ aitems atotal) = multiBalanceReport nulldate opts journal
           showw (PeriodicReportRow acct indent lAmt amt amt')
               = (acct, accountLeafName acct, indent, map showMixedAmountDebug lAmt, showMixedAmountDebug amt, showMixedAmountDebug amt')
       (map showw aitems) @?= (map showw eitems)
diff --git a/hledger/Hledger/Cli/Commands/Balance.hs b/hledger/Hledger/Cli/Commands/Balance.hs
index 821647a46..f87360ba5 100644
--- a/hledger/Hledger/Cli/Commands/Balance.hs
+++ b/hledger/Hledger/Cli/Commands/Balance.hs
@@ -327,7 +327,7 @@ balance opts@CliOpts{rawopts_=rawopts,reportopts_=ropts@ReportOpts{..}} j = do
 
       else
         if multiperiod then do  -- multi period balance report
-          let report = multiBalanceReport ropts (queryFromOpts d ropts) j
+          let report = multiBalanceReport d ropts j
               render = case fmt of
                 "txt"  -> multiBalanceReportAsText ropts
                 "csv"  -> (++"\n") . printCSV . multiBalanceReportAsCsv ropts