Depreciation History Balances (AM501)

Run Depreciation History Balances (AM501) to determine if beginning balance adjustments are required. AM501 compares the sum of the YTD balances in the history table to the LTD total for the asset's book. If they are equal, beginning balance records are not created for the asset. If they are not equal, a beginning balance amount is calculated. A balance record is necessary to tie-out historical depreciation when transactions do not exist in Asset Management.