# Sweep

> Sweep — An automatic transfer between our own accounts at a set time or threshold — typically excess balances into a concentration or investment account.

Source: https://lopifi.com/glossary/sweep
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

---

**What is sweep?** In accounting, sweep means an automatic transfer between our own accounts at a set time or threshold — typically excess balances into a concentration or investment account.

## Words this system refuses for it

- transfer unqualified

- **Category:** Cash
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** account
