Answer:
The Asset History is a report which shows the complete history of an asset. All information such as master data, depreciation area definition, development over the years of useful life. Furthermore this report uses SAP Script.
The Asset History Sheet is a report which shows the value flow (= value history) for one year in the asset useful life.
They are completely different reports.
You can check the documentation on these reports in SE38:
S_ALR_87012075 = RAHIST01
S_ALR_87011990 = RAGITT_AVL01
Report RAHIST01 is an asset chart which makes it possible to print out all information on the history of an asset on a freely definable SAPscript layout set. You have to enter the layout set in the asset class. The report uses this layout set for all assets that belong to this asset class.
You will also find that RAHIST01 has less selection parameters on offer than has report RAGITT_ALV01.
As per the documentation it says:
Report RAGITT01 is for setting up an asset history sheet according to country-specific legal requirements and for creating other reports (which can be freely defined in Asset Customizing) regarding asset transactions. The most important parameter when starting the report is the asset history sheet version. The asset history sheet version determines the form and content of the report.
The asset history sheet is the most important and most comprehensive report for the year-end closing or for an interim financial statement. As with all other lists, it can be set up with any sort versions, and total on any group level. You can also create a compact totals list without individual asset information.
