Yep. I've been bit by this, too. I have a check and a warning in my 
ledgerbil grid helper when ledger's total doesn't match my grid total.

For a "newbie" you've done well to catch it and identify the issue. :-)

On Wednesday, August 22, 2018 at 4:17:49 AM UTC-5, Martin Michlmayr wrote:
>
> * Richard Gott <[email protected] <javascript:>> [2018-08-21 09:35]: 
> > An ordinary balance report is fine.  But a --flat balance gets confused 
> > over whether to add just the first of the lines above (depth 3) or the 
> > second and third (depth 4).  I can't remember which of them it did (the 
> > first I think) but it was, luckily, so far wrong that it couldn't be 
> missed. 
> > 
> > I suspect people are thinking 'what an idiot'. 
>
> No, several people have run into this issue, see e.g. 
> https://github.com/ledger/ledger/issues/1020 
> I'm not sure what the right behaviour should be with --flat. 
>
> -- 
> Martin Michlmayr 
> https://www.cyrius.com/ 
>

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