Credit Debit Accounting is a business process that helps to track and manage the flow of money for businesses. It works by recording payments as both debits and credits on an account book, allowing companies to monitor their overall financial health. Credit Debit Accounting helps provide better visibility into how money is being spent and received, which can help with decision making and budgeting. With this system, businesses can keep a closer eye on their cash flow and ensure that they are running in a healthy manner.