First acquisition date and Capitalized date in Asset Master

Hello,

We have an asset with the capitalization date 01.06.2011 and the First acquisition date as 29.02.2012. Now the depreciation is being calculated from 29.02.2012 and not from the capitalization date 01.06.2011. Is this correct?

Can somebody please explain me the purpose of these two fields and also the difference between them.

Thanks in advance.

Lavanya