diff --git a/examples/multi-year/2021.journal b/examples/multi-year/2021.journal
new file mode 100644
index 000000000..64e5940c5
--- /dev/null
+++ b/examples/multi-year/2021.journal
@@ -0,0 +1,14 @@
+; 2021.journal
+
+2021-06-01 opening balances  ; start:2021
+    assets                                        20 = 20
+    equity:start
+
+2021-07-01 income
+    income
+    assets                                         1
+
+2021-12-31 closing balances  ; start:2022
+    assets                                       -21 = 0
+    equity:start
+
diff --git a/examples/multi-year/2022.journal b/examples/multi-year/2022.journal
new file mode 100644
index 000000000..6b0c467ee
--- /dev/null
+++ b/examples/multi-year/2022.journal
@@ -0,0 +1,14 @@
+; 2022.journal
+
+2022-01-01 opening balances  ; start:2022
+    assets                                        21 = 21
+    equity:start
+
+2022-07-01 income
+    income
+    assets                                         1
+
+2022-12-31 closing balances  ; start:2023
+    assets                                       -22 = 0
+    equity:start
+
diff --git a/examples/multi-year/2023.journal b/examples/multi-year/2023.journal
new file mode 100644
index 000000000..37c2520ac
--- /dev/null
+++ b/examples/multi-year/2023.journal
@@ -0,0 +1,10 @@
+; 2023.journal
+
+2023-01-01 opening balances  ; start:2023
+    assets                                        22 = 22
+    equity:start
+
+2023-07-01 income
+    income
+    assets                                         1
+
diff --git a/examples/multi-year/README.md b/examples/multi-year/README.md
new file mode 100644
index 000000000..49f46a2cc
--- /dev/null
+++ b/examples/multi-year/README.md
@@ -0,0 +1,4 @@
+Multiple yearly journal files, demonstrating the tags and commands
+suggested in the [close command's doc](https://hledger.org/dev/hledger.html#example-exclude-openingclosing-transactions>)
+for flexible multi-year reporting.
+See `reports`.
diff --git a/examples/multi-year/reports b/examples/multi-year/reports
new file mode 100755
index 000000000..ee090de5c
--- /dev/null
+++ b/examples/multi-year/reports
@@ -0,0 +1,14 @@
+#!/usr/bin/env sh
+
+# Suppressing redundant starting/ending balances transactions as suggested in
+# https://hledger.org/dev/hledger.html#example-exclude-openingclosing-transactions .
+# All of these will show the year-end balances correctly.
+# In each case, we exclude all transactions tagged with start: except the earliest.
+
+hledger bs -Y -f 2021.journal -f 2022.journal -f 2023.journal expr:'tag:start=2021 or not tag:start'
+hledger bs -Y -f 2021.journal -f 2022.journal                 expr:'tag:start=2021 or not tag:start'
+hledger bs -Y -f 2022.journal -f 2023.journal                 expr:'tag:start=2022 or not tag:start'
+hledger bs -Y -f 2021.journal                                 expr:'tag:start=2021 or not tag:start'
+hledger bs -Y -f 2022.journal                                 expr:'tag:start=2022 or not tag:start'
+hledger bs -Y -f 2023.journal                                 # unclosed file, no query needed
+
diff --git a/hledger/Hledger/Cli/Commands/Close.md b/hledger/Hledger/Cli/Commands/Close.md
index 4be0c4e11..86f514d80 100644
--- a/hledger/Hledger/Cli/Commands/Close.md
+++ b/hledger/Hledger/Cli/Commands/Close.md
@@ -188,7 +188,7 @@ $ hledger -f 2022.journal bs not:desc:'closing balances'
 When combining files for multi-year reports, for some reports (eg a yearly balance sheet)
 you may need to suppress all opening/closing transactions except the first.
 This is a bit awkward if you also want to be able to choose any range of year files,
-but here is a way, using tags:
+but here is a way, using tags (full example [here](https://github.com/simonmichael/hledger/tree/master/examples/multi-year/)):
 
 ```journal
 ; 2021.journal