diff --git a/test/pages/test_awards.rb b/test/pages/test_awards.rb
index 79a7c0cc..ddad6333 100644
--- a/test/pages/test_awards.rb
+++ b/test/pages/test_awards.rb
@@ -45,7 +45,7 @@ def test_fn_payables
       ",
       'today' => (Time.now - (10 * 60 * 60)).utc.iso8601
     )
-    assert_equal('55', xml.xpath('/td/text()').to_s, xml)
+    assert_equal('30', xml.xpath('/td/text()').to_s, xml)
   end
 
   def test_fn_payables_out_of_window
@@ -81,6 +81,39 @@ def test_fn_payables_out_of_window
     assert_equal('75', xml.xpath('/td/text()').to_s, xml)
   end
 
+  def test_fn_payables_excludes_future_awards_for_historical_report
+    xml = xslt(
+      "<xsl:copy-of select=\"z:payables('dude')\"/>",
+      '
+      <fb>
+        <f>
+          <what>reconciliation</what>
+          <when>2024-05-31T00:00:00Z</when>
+          <since>2024-05-01T00:00:00Z</since>
+          <who_name>dude</who_name>
+          <awarded>0</awarded>
+          <payout>0</payout>
+          <balance>0</balance>
+        </f>
+        <f>
+          <is_human>1</is_human>
+          <when>2024-06-01T00:00:00Z</when>
+          <who_name>dude</who_name>
+          <award>10</award>
+        </f>
+        <f>
+          <is_human>1</is_human>
+          <when>2024-06-03T00:00:00Z</when>
+          <who_name>dude</who_name>
+          <award>50</award>
+        </f>
+      </fb>
+      ',
+      'today' => '2024-06-02T00:00:00Z'
+    )
+    assert_equal('10', xml.xpath('/td/text()').to_s, xml)
+  end
+
   def test_fn_payables_with_few_reconciliations
     xml = xslt(
       "<xsl:copy-of select=\"z:payables('dude')\"/>",
@@ -126,7 +159,7 @@ def test_fn_payables_with_few_reconciliations
       ",
       'today' => (Time.now - (10 * 60 * 60)).utc.iso8601
     )
-    assert_equal('55', xml.xpath('/td/text()').to_s, xml)
+    assert_equal('30', xml.xpath('/td/text()').to_s, xml)
   end
 
   def test_fn_payables_uses_latest_reconciliation_when_facts_are_out_of_order
diff --git a/xsl/awards.xsl b/xsl/awards.xsl
index 469596cb..5599729a 100644
--- a/xsl/awards.xsl
+++ b/xsl/awards.xsl
@@ -55,7 +55,7 @@
           </xsl:if>
         </xsl:for-each>
         <td class="right ff">
-          <xsl:variable name="accumulated" select="xs:integer(sum($fb/f[award and is_human = 1 and who_name=$name and z:when(when) &gt; xs:dateTime(z:value($rec/since))]/award))"/>
+          <xsl:variable name="accumulated" select="xs:integer(sum($fb/f[award and is_human = 1 and who_name=$name and z:when(when) &gt; xs:dateTime(z:value($rec/since)) and z:when(when) &lt;= xs:dateTime($today)]/award))"/>
           <xsl:variable name="delta" select="$accumulated - xs:integer(z:value($rec/awarded))"/>
           <xsl:variable name="payable" select="$accumulated - xs:integer(z:value($rec/awarded)) + xs:integer(z:value($rec/balance))"/>
           <xsl:attribute name="title">