diff --git a/src/CONST.ts b/src/CONST.ts
index e7c8291f4308..6ff7a21f35d3 100755
--- a/src/CONST.ts
+++ b/src/CONST.ts
@@ -603,9 +603,11 @@ const CONST = {
             },
             THREAD_DISABLED: ['CREATED'],
         },
+        CANCEL_PAYMENT_REASONS: {
+            ADMIN: 'CANCEL_REASON_ADMIN',
+        },
         ACTIONABLE_MENTION_WHISPER_RESOLUTION: {
             INVITE: 'invited',
-            NOTHING: 'nothing',
         },
         ARCHIVE_REASON: {
             DEFAULT: 'default',
diff --git a/src/components/MoneyReportHeader.js b/src/components/MoneyReportHeader.js
index 5b59fca6cdae..ce1c9611c733 100644
--- a/src/components/MoneyReportHeader.js
+++ b/src/components/MoneyReportHeader.js
@@ -1,6 +1,6 @@
 import lodashGet from 'lodash/get';
 import PropTypes from 'prop-types';
-import React, {useMemo} from 'react';
+import React, {useCallback, useMemo, useState} from 'react';
 import {View} from 'react-native';
 import {withOnyx} from 'react-native-onyx';
 import _ from 'underscore';
@@ -24,7 +24,9 @@ import CONST from '@src/CONST';
 import ONYXKEYS from '@src/ONYXKEYS';
 import ROUTES from '@src/ROUTES';
 import Button from './Button';
+import ConfirmModal from './ConfirmModal';
 import HeaderWithBackButton from './HeaderWithBackButton';
+import * as Expensicons from './Icon/Expensicons';
 import MoneyReportHeaderStatusBar from './MoneyReportHeaderStatusBar';
 import participantPropTypes from './participantPropTypes';
 import SettlementButton from './SettlementButton';
@@ -94,6 +96,13 @@ function MoneyReportHeader({session, personalDetails, policy, chatReport, nextSt
           isPolicyAdmin && (isApproved || isManager)
         : isPolicyAdmin || (ReportUtils.isMoneyRequestReport(moneyRequestReport) && isManager);
     const isDraft = ReportUtils.isDraftExpenseReport(moneyRequestReport);
+    const [isConfirmModalVisible, setIsConfirmModalVisible] = useState(false);
+
+    const cancelPayment = useCallback(() => {
+        IOU.cancelPayment(moneyRequestReport, chatReport);
+        setIsConfirmModalVisible(false);
+    }, [moneyRequestReport, chatReport]);
+
     const shouldShowPayButton = useMemo(
         () => isPayer && !isDraft && !isSettled && !moneyRequestReport.isWaitingOnBankAccount && reimbursableTotal !== 0 && !ReportUtils.isArchivedRoom(chatReport),
         [isPayer, isDraft, isSettled, moneyRequestReport, reimbursableTotal, chatReport],
@@ -120,6 +129,13 @@ function MoneyReportHeader({session, personalDetails, policy, chatReport, nextSt
     );
 
     const threeDotsMenuItems = [HeaderUtils.getPinMenuItem(moneyRequestReport)];
+    if (isPayer && isSettled && ReportUtils.isExpenseReport(moneyRequestReport)) {
+        threeDotsMenuItems.push({
+            icon: Expensicons.Trashcan,
+            text: translate('iou.cancelPayment'),
+            onSelected: () => setIsConfirmModalVisible(true),
+        });
+    }
     if (!ReportUtils.isArchivedRoom(chatReport)) {
         threeDotsMenuItems.push({
             icon: ZoomIcon,
@@ -217,6 +233,16 @@ function MoneyReportHeader({session, personalDetails, policy, chatReport, nextSt
                     </View>
                 )}
             </View>
+            <ConfirmModal
+                title={translate('iou.cancelPayment')}
+                isVisible={isConfirmModalVisible}
+                onConfirm={cancelPayment}
+                onCancel={() => setIsConfirmModalVisible(false)}
+                prompt={translate('iou.cancelPaymentConfirmation')}
+                confirmText={translate('iou.cancelPayment')}
+                cancelText={translate('common.dismiss')}
+                danger
+            />
         </View>
     );
 }
diff --git a/src/languages/en.ts b/src/languages/en.ts
index 90f98d9aec85..09fd295cb859 100755
--- a/src/languages/en.ts
+++ b/src/languages/en.ts
@@ -2,6 +2,7 @@ import {CONST as COMMON_CONST} from 'expensify-common/lib/CONST';
 import CONST from '@src/CONST';
 import type {
     AddressLineParams,
+    AdminCanceledRequestParams,
     AlreadySignedInParams,
     AmountEachParams,
     ApprovedAmountParams,
@@ -111,6 +112,7 @@ type AllCountries = Record<keyof typeof CONST.ALL_COUNTRIES, string>;
 export default {
     common: {
         cancel: 'Cancel',
+        dismiss: 'Dismiss',
         yes: 'Yes',
         no: 'No',
         ok: 'OK',
@@ -573,6 +575,8 @@ export default {
         requestMoney: 'Request money',
         sendMoney: 'Send money',
         pay: 'Pay',
+        cancelPayment: 'Cancel payment',
+        cancelPaymentConfirmation: 'Are you sure that you want to cancel this payment?',
         viewDetails: 'View details',
         pending: 'Pending',
         canceled: 'Canceled',
@@ -609,6 +613,7 @@ export default {
         payerSettled: ({amount}: PayerSettledParams) => `paid ${amount}`,
         approvedAmount: ({amount}: ApprovedAmountParams) => `approved ${amount}`,
         waitingOnBankAccount: ({submitterDisplayName}: WaitingOnBankAccountParams) => `started settling up, payment is held until ${submitterDisplayName} adds a bank account`,
+        adminCanceledRequest: ({amount}: AdminCanceledRequestParams) => `The ${amount} payment has been cancelled by the admin.`,
         canceledRequest: ({amount, submitterDisplayName}: CanceledRequestParams) =>
             `Canceled the ${amount} payment, because ${submitterDisplayName} did not enable their Expensify Wallet within 30 days`,
         settledAfterAddedBankAccount: ({submitterDisplayName, amount}: SettledAfterAddedBankAccountParams) =>
diff --git a/src/languages/es.ts b/src/languages/es.ts
index 331a6a7b92b1..b977a614ae7e 100644
--- a/src/languages/es.ts
+++ b/src/languages/es.ts
@@ -1,6 +1,7 @@
 import CONST from '@src/CONST';
 import type {
     AddressLineParams,
+    AdminCanceledRequestParams,
     AlreadySignedInParams,
     AmountEachParams,
     ApprovedAmountParams,
@@ -101,6 +102,7 @@ import type {
 export default {
     common: {
         cancel: 'Cancelar',
+        dismiss: 'Descartar',
         yes: 'Sí',
         no: 'No',
         ok: 'OK',
@@ -566,6 +568,8 @@ export default {
         requestMoney: 'Pedir dinero',
         sendMoney: 'Enviar dinero',
         pay: 'Pagar',
+        cancelPayment: 'Cancelar el pago',
+        cancelPaymentConfirmation: '¿Estás seguro de que quieres cancelar este pago?',
         viewDetails: 'Ver detalles',
         pending: 'Pendiente',
         canceled: 'Canceló',
@@ -602,6 +606,7 @@ export default {
         payerSettled: ({amount}: PayerSettledParams) => `pagó ${amount}`,
         approvedAmount: ({amount}: ApprovedAmountParams) => `aprobó ${amount}`,
         waitingOnBankAccount: ({submitterDisplayName}: WaitingOnBankAccountParams) => `inicio el pago, pero no se procesará hasta que ${submitterDisplayName} añada una cuenta bancaria`,
+        adminCanceledRequest: ({amount}: AdminCanceledRequestParams) => `El pago de ${amount} ha sido cancelado por el administrador.`,
         canceledRequest: ({amount, submitterDisplayName}: CanceledRequestParams) =>
             `Canceló el pago  ${amount}, porque ${submitterDisplayName} no habilitó su billetera Expensify en un plazo de 30 días.`,
         settledAfterAddedBankAccount: ({submitterDisplayName, amount}: SettledAfterAddedBankAccountParams) =>
diff --git a/src/languages/types.ts b/src/languages/types.ts
index 3185b7a8f6f1..35a5110abf79 100644
--- a/src/languages/types.ts
+++ b/src/languages/types.ts
@@ -135,6 +135,8 @@ type WaitingOnBankAccountParams = {submitterDisplayName: string};
 
 type CanceledRequestParams = {amount: string; submitterDisplayName: string};
 
+type AdminCanceledRequestParams = {amount: string};
+
 type SettledAfterAddedBankAccountParams = {submitterDisplayName: string; amount: string};
 
 type PaidElsewhereWithAmountParams = {payer?: string; amount: string};
@@ -288,6 +290,7 @@ type TranslationFlatObject = {
 };
 
 export type {
+    AdminCanceledRequestParams,
     ApprovedAmountParams,
     AddressLineParams,
     AlreadySignedInParams,
diff --git a/src/libs/OptionsListUtils.js b/src/libs/OptionsListUtils.js
index 988398009dd8..37b7a9424fee 100644
--- a/src/libs/OptionsListUtils.js
+++ b/src/libs/OptionsListUtils.js
@@ -420,7 +420,7 @@ function getLastMessageTextForReport(report) {
     } else if (ReportActionUtils.isReimbursementQueuedAction(lastReportAction)) {
         lastMessageTextFromReport = ReportUtils.getReimbursementQueuedActionMessage(lastReportAction, report);
     } else if (ReportActionUtils.isReimbursementDeQueuedAction(lastReportAction)) {
-        lastMessageTextFromReport = ReportUtils.getReimbursementDeQueuedActionMessage(report);
+        lastMessageTextFromReport = ReportUtils.getReimbursementDeQueuedActionMessage(lastReportAction, report);
     } else if (ReportActionUtils.isDeletedParentAction(lastReportAction) && ReportUtils.isChatReport(report)) {
         lastMessageTextFromReport = ReportUtils.getDeletedParentActionMessageForChatReport(lastReportAction);
     } else if (ReportUtils.isReportMessageAttachment({text: report.lastMessageText, html: report.lastMessageHtml, translationKey: report.lastMessageTranslationKey})) {
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index 181ce5461dd7..fa68b78fa18f 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -16,7 +16,7 @@ import ONYXKEYS from '@src/ONYXKEYS';
 import ROUTES from '@src/ROUTES';
 import type {Beta, Login, PersonalDetails, PersonalDetailsList, Policy, Report, ReportAction, ReportMetadata, Session, Transaction} from '@src/types/onyx';
 import type {Errors, Icon, PendingAction} from '@src/types/onyx/OnyxCommon';
-import type {IOUMessage, OriginalMessageActionName, OriginalMessageCreated} from '@src/types/onyx/OriginalMessage';
+import type {IOUMessage, OriginalMessageActionName, OriginalMessageCreated, ReimbursementDeQueuedMessage} from '@src/types/onyx/OriginalMessage';
 import type {Status} from '@src/types/onyx/PersonalDetails';
 import type {NotificationPreference} from '@src/types/onyx/Report';
 import type {Message, ReportActionBase, ReportActions} from '@src/types/onyx/ReportAction';
@@ -180,6 +180,11 @@ type OptimisticSubmittedReportAction = Pick<
     'actionName' | 'actorAccountID' | 'automatic' | 'avatar' | 'isAttachment' | 'originalMessage' | 'message' | 'person' | 'reportActionID' | 'shouldShow' | 'created' | 'pendingAction'
 >;
 
+type OptimisticCancelPaymentReportAction = Pick<
+    ReportAction,
+    'actionName' | 'actorAccountID' | 'message' | 'originalMessage' | 'person' | 'reportActionID' | 'shouldShow' | 'created' | 'pendingAction'
+>;
+
 type OptimisticEditedTaskReportAction = Pick<
     ReportAction,
     'reportActionID' | 'actionName' | 'pendingAction' | 'actorAccountID' | 'automatic' | 'avatar' | 'created' | 'shouldShow' | 'message' | 'person'
@@ -1592,9 +1597,13 @@ function getReimbursementQueuedActionMessage(reportAction: OnyxEntry<ReportActio
 /**
  * Returns the preview message for `REIMBURSEMENTDEQUEUED` action
  */
-function getReimbursementDeQueuedActionMessage(report: OnyxEntry<Report>): string {
+function getReimbursementDeQueuedActionMessage(reportAction: OnyxEntry<ReportAction>, report: OnyxEntry<Report>): string {
+    const amount = CurrencyUtils.convertToDisplayString(Math.abs(report?.total ?? 0), report?.currency);
+    const originalMessage = reportAction?.originalMessage as ReimbursementDeQueuedMessage | undefined;
+    if (originalMessage?.cancellationReason === CONST.REPORT.CANCEL_PAYMENT_REASONS.ADMIN) {
+        return Localize.translateLocal('iou.adminCanceledRequest', {amount});
+    }
     const submitterDisplayName = getDisplayNameForParticipant(report?.ownerAccountID, true) ?? '';
-    const amount = CurrencyUtils.convertToDisplayString(report?.total ?? 0, report?.currency);
 
     return Localize.translateLocal('iou.canceledRequest', {submitterDisplayName, amount});
 }
@@ -2877,6 +2886,40 @@ function buildOptimisticSubmittedReportAction(amount: number, currency: string,
     };
 }
 
+/**
+ * Builds an optimistic REIMBURSEMENTDEQUEUED report action with a randomly generated reportActionID.
+ *
+ */
+function buildOptimisticCancelPaymentReportAction(expenseReportID: string): OptimisticCancelPaymentReportAction {
+    return {
+        actionName: CONST.REPORT.ACTIONS.TYPE.REIMBURSEMENTDEQUEUED,
+        actorAccountID: currentUserAccountID,
+        message: [
+            {
+                cancellationReason: CONST.REPORT.CANCEL_PAYMENT_REASONS.ADMIN,
+                expenseReportID,
+                type: CONST.REPORT.MESSAGE.TYPE.COMMENT,
+                text: '',
+            },
+        ],
+        originalMessage: {
+            cancellationReason: CONST.REPORT.CANCEL_PAYMENT_REASONS.ADMIN,
+            expenseReportID,
+        },
+        person: [
+            {
+                style: 'strong',
+                text: currentUserPersonalDetails?.displayName ?? currentUserEmail,
+                type: 'TEXT',
+            },
+        ],
+        reportActionID: NumberUtils.rand64(),
+        shouldShow: true,
+        created: DateUtils.getDBTime(),
+        pendingAction: CONST.RED_BRICK_ROAD_PENDING_ACTION.ADD,
+    };
+}
+
 /**
  * Builds an optimistic report preview action with a randomly generated reportActionID.
  *
@@ -4199,17 +4242,22 @@ function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>)
         const formattedAmount = CurrencyUtils.convertToDisplayString(amount, currency) ?? '';
         const payerName = isExpenseReport(iouReport) ? getPolicyName(iouReport) : getDisplayNameForParticipant(iouReport?.managerID, true);
 
-        switch (originalMessage.paymentType) {
-            case CONST.IOU.PAYMENT_TYPE.ELSEWHERE:
-                translationKey = 'iou.paidElsewhereWithAmount';
-                break;
-            case CONST.IOU.PAYMENT_TYPE.EXPENSIFY:
-            case CONST.IOU.PAYMENT_TYPE.VBBA:
-                translationKey = 'iou.paidWithExpensifyWithAmount';
-                break;
-            default:
-                translationKey = 'iou.payerPaidAmount';
-                break;
+        // If the payment was cancelled, show the "Owes" message
+        if (!isSettled(IOUReportID)) {
+            translationKey = 'iou.payerOwesAmount';
+        } else {
+            switch (originalMessage.paymentType) {
+                case CONST.IOU.PAYMENT_TYPE.ELSEWHERE:
+                    translationKey = 'iou.paidElsewhereWithAmount';
+                    break;
+                case CONST.IOU.PAYMENT_TYPE.EXPENSIFY:
+                case CONST.IOU.PAYMENT_TYPE.VBBA:
+                    translationKey = 'iou.paidWithExpensifyWithAmount';
+                    break;
+                default:
+                    translationKey = 'iou.payerPaidAmount';
+                    break;
+            }
         }
         return Localize.translateLocal(translationKey, {amount: formattedAmount, payer: payerName ?? ''});
     }
@@ -4436,6 +4484,7 @@ export {
     buildOptimisticIOUReportAction,
     buildOptimisticReportPreview,
     buildOptimisticModifiedExpenseReportAction,
+    buildOptimisticCancelPaymentReportAction,
     updateReportPreview,
     buildOptimisticTaskReportAction,
     buildOptimisticAddCommentReportAction,
diff --git a/src/libs/actions/IOU.js b/src/libs/actions/IOU.js
index 9aa7c52b1ea0..ca572452cc82 100644
--- a/src/libs/actions/IOU.js
+++ b/src/libs/actions/IOU.js
@@ -3328,6 +3328,109 @@ function submitReport(expenseReport) {
     );
 }
 
+/**
+ * @param {Object} expenseReport
+ * @param {Object} chatReport
+ */
+function cancelPayment(expenseReport, chatReport) {
+    const optimisticReportAction = ReportUtils.buildOptimisticCancelPaymentReportAction(expenseReport.reportID);
+    const policy = ReportUtils.getPolicy(chatReport.policyID);
+    const isFree = policy && policy.type === CONST.POLICY.TYPE.FREE;
+    const optimisticData = [
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${expenseReport.reportID}`,
+            value: {
+                [optimisticReportAction.reportActionID]: {
+                    ...optimisticReportAction,
+                    pendingAction: CONST.RED_BRICK_ROAD_PENDING_ACTION.ADD,
+                },
+            },
+        },
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT}${expenseReport.reportID}`,
+            value: {
+                ...expenseReport,
+                lastMessageText: lodashGet(optimisticReportAction, 'message.0.text', ''),
+                lastMessageHtml: lodashGet(optimisticReportAction, 'message.0.html', ''),
+                state: isFree ? CONST.REPORT.STATE.SUBMITTED : CONST.REPORT.STATE.OPEN,
+                stateNum: isFree ? CONST.REPORT.STATE_NUM.PROCESSING : CONST.REPORT.STATE.OPEN,
+                statusNum: isFree ? CONST.REPORT.STATUS.SUBMITTED : CONST.REPORT.STATE.OPEN,
+            },
+        },
+        ...(chatReport.reportID
+            ? [
+                  {
+                      onyxMethod: Onyx.METHOD.MERGE,
+                      key: `${ONYXKEYS.COLLECTION.REPORT}${chatReport.reportID}`,
+                      value: {
+                          ...chatReport,
+                          hasOutstandingIOU: true,
+                          hasOutstandingChildRequest: true,
+                          iouReportID: expenseReport.reportID,
+                      },
+                  },
+              ]
+            : []),
+    ];
+
+    const successData = [
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${expenseReport.reportID}`,
+            value: {
+                [optimisticReportAction.reportActionID]: {
+                    pendingAction: null,
+                },
+            },
+        },
+    ];
+
+    const failureData = [
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${expenseReport.reportID}`,
+            value: {
+                [expenseReport.reportActionID]: {
+                    errors: ErrorUtils.getMicroSecondOnyxError('iou.error.other'),
+                },
+            },
+        },
+        {
+            onyxMethod: Onyx.METHOD.MERGE,
+            key: `${ONYXKEYS.COLLECTION.REPORT}${expenseReport.reportID}`,
+            value: {
+                statusNum: CONST.REPORT.STATUS.REIMBURSED,
+            },
+        },
+        ...(chatReport.reportID
+            ? [
+                  {
+                      onyxMethod: Onyx.METHOD.MERGE,
+                      key: `${ONYXKEYS.COLLECTION.REPORT}${chatReport.reportID}`,
+                      value: {
+                          hasOutstandingIOU: false,
+                          hasOutstandingChildRequest: false,
+                          iouReportID: 0,
+                      },
+                  },
+              ]
+            : []),
+    ];
+
+    API.write(
+        'CancelPayment',
+        {
+            iouReportID: expenseReport.reportID,
+            chatReportID: chatReport.reportID,
+            managerAccountID: expenseReport.managerID,
+            reportActionID: optimisticReportAction.reportActionID,
+        },
+        {optimisticData, successData, failureData},
+    );
+}
+
 /**
  * @param {String} paymentType
  * @param {Object} chatReport
@@ -3657,4 +3760,5 @@ export {
     detachReceipt,
     getIOUReportID,
     editMoneyRequest,
+    cancelPayment,
 };
diff --git a/src/pages/home/report/ContextMenu/ContextMenuActions.js b/src/pages/home/report/ContextMenu/ContextMenuActions.js
index f22eda58ce7f..7db39c1ed856 100644
--- a/src/pages/home/report/ContextMenu/ContextMenuActions.js
+++ b/src/pages/home/report/ContextMenu/ContextMenuActions.js
@@ -285,6 +285,11 @@ export default [
                 } else if (ReportActionsUtils.isModifiedExpenseAction(reportAction)) {
                     const modifyExpenseMessage = ModifiedExpenseMessage.getForReportAction(reportAction);
                     Clipboard.setString(modifyExpenseMessage);
+                } else if (ReportActionsUtils.isReimbursementDeQueuedAction(reportAction)) {
+                    const {expenseReportID} = reportAction.originalMessage;
+                    const expenseReport = ReportUtils.getReport(expenseReportID);
+                    const displayMessage = ReportUtils.getReimbursementDeQueuedActionMessage(reportAction, expenseReport);
+                    Clipboard.setString(displayMessage);
                 } else if (ReportActionsUtils.isMoneyRequestAction(reportAction)) {
                     const displayMessage = ReportUtils.getIOUReportActionDisplayMessage(reportAction);
                     Clipboard.setString(displayMessage);
diff --git a/src/pages/home/report/ReportActionItem.js b/src/pages/home/report/ReportActionItem.js
index e490c4601d10..1f6455ea6630 100644
--- a/src/pages/home/report/ReportActionItem.js
+++ b/src/pages/home/report/ReportActionItem.js
@@ -38,7 +38,6 @@ import useTheme from '@hooks/useTheme';
 import useThemeStyles from '@hooks/useThemeStyles';
 import compose from '@libs/compose';
 import ControlSelection from '@libs/ControlSelection';
-import * as CurrencyUtils from '@libs/CurrencyUtils';
 import * as DeviceCapabilities from '@libs/DeviceCapabilities';
 import focusTextInputAfterAnimation from '@libs/focusTextInputAfterAnimation';
 import ModifiedExpenseMessage from '@libs/ModifiedExpenseMessage';
@@ -440,10 +439,7 @@ function ReportActionItem(props) {
                 </ReportActionItemBasicMessage>
             );
         } else if (props.action.actionName === CONST.REPORT.ACTIONS.TYPE.REIMBURSEMENTDEQUEUED) {
-            const submitterDisplayName = PersonalDetailsUtils.getDisplayNameOrDefault(lodashGet(personalDetails, props.report.ownerAccountID));
-            const amount = CurrencyUtils.convertToDisplayString(props.report.total, props.report.currency);
-
-            children = <ReportActionItemBasicMessage message={props.translate('iou.canceledRequest', {submitterDisplayName, amount})} />;
+            children = <ReportActionItemBasicMessage message={ReportUtils.getReimbursementDeQueuedActionMessage(props.action, props.report)} />;
         } else if (props.action.actionName === CONST.REPORT.ACTIONS.TYPE.MODIFIEDEXPENSE) {
             children = <ReportActionItemBasicMessage message={ModifiedExpenseMessage.getForReportAction(props.action)} />;
         } else if (props.action.actionName === CONST.REPORT.ACTIONS.TYPE.MARKEDREIMBURSED) {
diff --git a/src/pages/home/report/ReportActionItemMessage.tsx b/src/pages/home/report/ReportActionItemMessage.tsx
index 3a71ee8356b3..025b0cbb8b0a 100644
--- a/src/pages/home/report/ReportActionItemMessage.tsx
+++ b/src/pages/home/report/ReportActionItemMessage.tsx
@@ -57,7 +57,7 @@ function ReportActionItemMessage({action, displayAsGroup, reportID, style, isHid
         const originalMessage = action.actionName === CONST.REPORT.ACTIONS.TYPE.IOU ? action.originalMessage : null;
         const iouReportID = originalMessage?.IOUReportID;
         if (iouReportID) {
-            iouMessage = ReportUtils.getReportPreviewMessage(ReportUtils.getReport(iouReportID), action);
+            iouMessage = ReportUtils.getIOUReportActionDisplayMessage(action);
         }
     }
 
diff --git a/src/types/onyx/OriginalMessage.ts b/src/types/onyx/OriginalMessage.ts
index f10696ced00f..09be2d9e04dd 100644
--- a/src/types/onyx/OriginalMessage.ts
+++ b/src/types/onyx/OriginalMessage.ts
@@ -37,6 +37,7 @@ type IOUMessage = {
     /** The ID of the iou transaction */
     IOUTransactionID?: string;
     IOUReportID?: string;
+    expenseReportID?: string;
     amount: number;
     comment?: string;
     currency: string;
@@ -44,10 +45,15 @@ type IOUMessage = {
     participantAccountIDs?: number[];
     type: ValueOf<typeof CONST.IOU.REPORT_ACTION_TYPE>;
     paymentType?: DeepValueOf<typeof CONST.IOU.PAYMENT_TYPE>;
+    cancellationReason?: string;
     /** Only exists when we are sending money */
     IOUDetails?: IOUDetails;
 };
 
+type ReimbursementDeQueuedMessage = {
+    cancellationReason: string;
+};
+
 type OriginalMessageIOU = {
     actionName: typeof CONST.REPORT.ACTIONS.TYPE.IOU;
     originalMessage: IOUMessage;
@@ -274,6 +280,7 @@ export type {
     Reaction,
     ActionName,
     IOUMessage,
+    ReimbursementDeQueuedMessage,
     Closed,
     OriginalMessageActionName,
     ChangeLog,
diff --git a/src/types/onyx/ReportAction.ts b/src/types/onyx/ReportAction.ts
index 509e3a286ea4..b2dc340af606 100644
--- a/src/types/onyx/ReportAction.ts
+++ b/src/types/onyx/ReportAction.ts
@@ -54,6 +54,12 @@ type Message = {
     /** ID of a task report */
     taskReportID?: string;
 
+    /** Reason of payment cancellation */
+    cancellationReason?: string;
+
+    /** ID of an expense report */
+    expenseReportID?: string;
+
     /** resolution for actionable mention whisper */
     resolution?: ValueOf<typeof CONST.REPORT.ACTIONABLE_MENTION_WHISPER_RESOLUTION> | null;
 };