How do I write off a discrepancy

Hi info1751,

You can transfer the amount to a petty cash account or create a transaction amounting to $1.22 if it is showing on your bank statement. The transaction you'll be creating will depend if it is a money or money out. If not, you can delete the transaction. 

For your reference, you can check on this article: Enter an adjusting entry for a reconciliation in QuickBooks Online. 

Feel free to message us back if you need any help. Have a nice day!