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@@ -506,17 +506,16 @@ Direct
to parse journals using the European standard comma as
decimal separator, vice a period.
.It Fl \-depth Ar INT
-Limit the depth of the account tree. In a balance report, for example,
+Limit the depth of displayed accounts in balance and register reports. Any
+accounts of greater depth are folded into their parent at the specified
+level. For example with
.Fl \-depth Ar 2
-will print balances only for accounts with two levels, i.e.
+the account
+.Sy Expenses:Entertainment:Dining
+would be folded into
.Sy Expenses:Entertainment
-but not
-.Sy Expenses:Entertainment:Dining .
-This is a display predicate, which means it only affects display,
-not the total calculations. In register reports,
-.Fl \-depth
-will collapse postings of child accounts beyond the given level and add
-their balances to the parent account.
+for display. Importantly, this is a display predicate, which means it only
+affects display, not the total calculations.
.It Fl \-detail
Related to
.Ic convert