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This paper reviews the traditional approach to sediment budget studies in geomorphology, new approaches and more specifically the potential impact of new methodological advances. Each component of the budget is discussed including the spatial and volumetric estimations of erosion, deposition and storage and the precision and accuracy of flux rate estimation. Examples are used from recent work in Germany, The Netherlands and the UK and include the pedogenic approach to erosion estimation, remote sensing (LiDAR), geophysics and sediment-based dating techniques for flux rate estimation. The precision and accuracy of catchment sediment flux estimates based upon sediment storage is not only dependant upon volumetric accuracy but also on the precision and accuracy of sediment dating. In this area there has been a revolution with direct sediment dating techniques (TL, OSL, ESR) freeing budget …