In this paper, we present solution of Einstein field equations which admit dust distribution and negative energy massless scalar field as a source with cosmological term (Lambda) in the frame work of Bianchi type II space-time. The models satisfy conservation equation and creation field increases with time satisfying the result as investigated by Hoyle and Narlikar [A new theory of gravitation, Proc. Roy. Soc. A 282 (1964) 191]. The deceleration parameter (q) for the model (22) shows a transition from decelerating to accelerating regime with creation. A comparison with other cosmological models shows a transition from decelerating to accelerating regime with and without creation is mentioned. The present model is free from singularity, particle horizon and provides a natural explanation for inflationary scenario and isotropization. These features make the creation field cosmological models theoretically superior to the Big Bang models. Creation field and Einstein field equation are derived using principle of least action and the Lagrangian formulation of variable cosmological term is derived as mentioned by Moffat [Lagrangian formulation of a solution to the cosmological constant problem (1996), arXiv:astro-ph/9608202v1]. The current creation rate with other physical consequences is also discussed. For illustrative purposes, evolutionary behaviors of some cosmological parameters are shown graphically. In the figures, the cosmic time t is given in gravitational units assuming the velocity of light c = 1. This t = cT and T = t/c. Therefore, by multiplying cosmic time t by (light years)-1, we obtain the coordinate time in years.