Difference between Create Accruals and Create Accruals for Channel Batch

Summary:

Difference between Create Accruals and Create Accruals for Channel Batch

Content (please ensure you mask any confidential information):

What is the difference between Create Accruals and Create Accruals for Channel Batch. Description of both the programs looks very similar. Do we need to use "Create Accruals" during any process of handling Customer Promotion Programs.

Version (include the version you are using, if applicable):

25A