Material balance accounting is a form of accounting where natural units, expressed in physical quantities as opposed to money, are accounted for and used in a material balance plan. Material balancing involves balancing inputs without output requirements in terms of natural units. Material balance planning consists of a central planning board specifying a list of inputs required to produce one unit of output and then balances outputs and inputs so that there is a balance between supply and demand. Material balance planning was utilized in Soviet-type planned economies. Although it never replaced financial calculations, material balances became an established part of Soviet planning.
See also 
- ^ Comparing Economic Systems in the Twenty-First Century, 2003, by Gregory and Stuart. ISBN 0-618-26181-8. "Material Balance Planning", (P.127)