diff --git a/src/pages/accounting/lib/ownerLedger.ts b/src/pages/accounting/lib/ownerLedger.ts
index 16ae243..38e1e6b 100644
--- a/src/pages/accounting/lib/ownerLedger.ts
+++ b/src/pages/accounting/lib/ownerLedger.ts
@@ -49,6 +49,7 @@ export async function fetchOwnerLedger(associationId: string, asOf: string): Pro
       .from("owner_ledger_entries")
       .select("unit_id, owner_id, date, transaction_type, debit, credit")
       .eq("association_id", associationId)
+      .not("is_archived", "is", true)
       .lte("date", asOf)
       .order("id", { ascending: true })
       .range(offset, offset + PAGE - 1);