One major difference between Create Accounting and Submit Accounting is that Submit Accounting

launches Revenue Recognition program to generate the revenue distribution records for your Invoices
and Credit Memos that use Invoicing and Accounting Rules.

Revenue Recognition in Oracle EBS is the process that determines when and how much of each invoice
and credit memo can be accounted to the assigned revenue account. By default, Oracle recognizes all
revenue immediately, i.e. as of the GL date of the transactions.

As there was no request to write the AR Revenue Recognition User Guide we did not know that you use
this functionality, in other case this would be taken into account and we would advice you to use Submit
Accounting instead of Create Accounting.

Running Revenue Recognition is required if any invoices specify Invoice Rules. Revenue Recognition is
invoked

• Batch program (Revenue Recognition or Revenue Recognition Master Program)

• From Transaction Tools menu, Create Accounting – runs Accounting and Revenue Recognition for a
specific invoice

• Submit Accounting concurrent program (not Create Accounting)

The Create Accounting program does not invoke Revenue Recognition. If you are using Revenue
Recognition feature, you should always choose to use the ‘Submit Accounting’ program.