How do I enter a deposit by an insurance company for payment of a vehicle written off in an accident? The insurance company is obviously the other driver's insurance.

Welcome and thank you for posting here in the Community, @naomijohn

Let me help you record the insurance payment. You can set up first an account where you want to track all your collected insurance and then make a deposit. 

The steps are easy to follow, here's how: 

1. Tap the Accounting menu on the left panel and select Chart of Accounts to open the All Lists page.
2. Press the New menu in the upper right to access the Account window.
3. From there, choose the account you want to use by clicking the Account Type drop-down.
4. Then, choose the correct category in the Detail Type drop-down.
5. Enter a term that will identify the account in the Name field.
6. Fill in the remaining field boxes.
7. Hit the Save and Close button.

You might want to ask your accountant about the perfect account type for this. Once done, make a bank deposit and categorize it under the account created above. Here's how:

1. Click the + New button at the left navigation bar.
2. Select Bank deposit under Other.
   
3. From the Account drop-down▼menu, choose the account you want to deposit the money into.
4. Enter the name of the payee in the Received from the field.
5. Select the insurance account created above in the Account field.
6. Enter the Amount.
7. Click Save and close.
   

You can refer to the record and make bank deposits to learn more about the process.

Let me know if you have follow-up questions, and I'll get back with the information you need.