diff --git a/src/components/MoneyReportHeader.tsx b/src/components/MoneyReportHeader.tsx
index 31e7792a7310..dfb219866524 100644
--- a/src/components/MoneyReportHeader.tsx
+++ b/src/components/MoneyReportHeader.tsx
@@ -54,7 +54,7 @@ function MoneyReportHeader({session, policy, chatReport, nextStep, report: money
     const canAllowSettlement = ReportUtils.hasUpdatedTotal(moneyRequestReport);
     const policyType = policy?.type;
     const isPayer = ReportUtils.isPayer(session, moneyRequestReport);
-    const isDraft = ReportUtils.isDraftExpenseReport(moneyRequestReport);
+    const isDraft = ReportUtils.isOpenExpenseReport(moneyRequestReport);
     const [isConfirmModalVisible, setIsConfirmModalVisible] = useState(false);
 
     const cancelPayment = useCallback(() => {
diff --git a/src/components/ReportActionItem/ReportPreview.tsx b/src/components/ReportActionItem/ReportPreview.tsx
index c78a3cedebbd..743bfd8fff88 100644
--- a/src/components/ReportActionItem/ReportPreview.tsx
+++ b/src/components/ReportActionItem/ReportPreview.tsx
@@ -119,7 +119,7 @@ function ReportPreview({
     const numberOfRequests = ReportActionUtils.getNumberOfMoneyRequests(action);
     const moneyRequestComment = action?.childLastMoneyRequestComment ?? '';
     const isPolicyExpenseChat = ReportUtils.isPolicyExpenseChat(chatReport);
-    const isDraftExpenseReport = isPolicyExpenseChat && ReportUtils.isDraftExpenseReport(iouReport);
+    const isOpenExpenseReport = isPolicyExpenseChat && ReportUtils.isOpenExpenseReport(iouReport);
 
     const isApproved = ReportUtils.isReportApproved(iouReport);
     const canAllowSettlement = ReportUtils.hasUpdatedTotal(iouReport);
@@ -147,7 +147,7 @@ function ReportPreview({
             pendingReceipts: numberOfPendingRequests,
         });
 
-    const shouldShowSubmitButton = isDraftExpenseReport && reimbursableSpend !== 0;
+    const shouldShowSubmitButton = isOpenExpenseReport && reimbursableSpend !== 0;
 
     // The submit button should be success green colour only if the user is submitter and the policy does not have Scheduled Submit turned on
     const isWaitingForSubmissionFromCurrentUser = useMemo(
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index afa7efe93938..b828ad1f17e4 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -706,7 +706,7 @@ function isReportApproved(reportOrID: OnyxEntry<Report> | string | EmptyObject):
 /**
  * Checks if the supplied report is an expense report in Open state and status.
  */
-function isDraftExpenseReport(report: OnyxEntry<Report> | EmptyObject): boolean {
+function isOpenExpenseReport(report: OnyxEntry<Report> | EmptyObject): boolean {
     return isExpenseReport(report) && report?.stateNum === CONST.REPORT.STATE_NUM.OPEN && report?.statusNum === CONST.REPORT.STATUS_NUM.OPEN;
 }
 
@@ -2145,7 +2145,7 @@ function getMoneyRequestReportName(report: OnyxEntry<Report>, policy: OnyxEntry<
         return Localize.translateLocal('iou.payerSpentAmount', {payer: payerOrApproverName, amount: formattedAmount});
     }
 
-    if (isProcessingReport(report) || isDraftExpenseReport(report) || moneyRequestTotal === 0) {
+    if (isProcessingReport(report) || isOpenExpenseReport(report) || moneyRequestTotal === 0) {
         return Localize.translateLocal('iou.payerOwesAmount', {payer: payerOrApproverName, amount: formattedAmount});
     }
 
@@ -2226,7 +2226,7 @@ function canEditMoneyRequest(reportAction: OnyxEntry<ReportAction>): boolean {
     const isManager = currentUserAccountID === moneyRequestReport?.managerID;
 
     // Admin & managers can always edit coding fields such as tag, category, billable, etc. As long as the report has a state higher than OPEN.
-    if ((isAdmin || isManager) && !isDraftExpenseReport(moneyRequestReport)) {
+    if ((isAdmin || isManager) && !isOpenExpenseReport(moneyRequestReport)) {
         return true;
     }
 
@@ -5366,7 +5366,7 @@ export {
     getIOUReportActionDisplayMessage,
     isWaitingForAssigneeToCompleteTask,
     isGroupChat,
-    isDraftExpenseReport,
+    isOpenExpenseReport,
     shouldUseFullTitleToDisplay,
     parseReportRouteParams,
     getReimbursementQueuedActionMessage,
diff --git a/src/libs/actions/IOU.ts b/src/libs/actions/IOU.ts
index 1c0d7fef2729..29cab600bd2d 100644
--- a/src/libs/actions/IOU.ts
+++ b/src/libs/actions/IOU.ts
@@ -3693,12 +3693,12 @@ function canIOUBePaid(iouReport: OnyxEntry<OnyxTypes.Report> | EmptyObject, chat
         iouReport,
     );
 
-    const isDraftExpenseReport = isPolicyExpenseChat && ReportUtils.isDraftExpenseReport(iouReport);
+    const isOpenExpenseReport = isPolicyExpenseChat && ReportUtils.isOpenExpenseReport(iouReport);
     const iouSettled = ReportUtils.isSettled(iouReport?.reportID);
 
     const {reimbursableSpend} = ReportUtils.getMoneyRequestSpendBreakdown(iouReport);
     const isAutoReimbursable = ReportUtils.canBeAutoReimbursed(iouReport, policy);
-    return isPayer && !isDraftExpenseReport && !iouSettled && !iouReport?.isWaitingOnBankAccount && reimbursableSpend !== 0 && !iouCanceled && !isAutoReimbursable;
+    return isPayer && !isOpenExpenseReport && !iouSettled && !iouReport?.isWaitingOnBankAccount && reimbursableSpend !== 0 && !iouCanceled && !isAutoReimbursable;
 }
 
 function canApproveIOU(iouReport: OnyxEntry<OnyxTypes.Report> | EmptyObject, chatReport: OnyxEntry<OnyxTypes.Report> | EmptyObject, policy: OnyxEntry<OnyxTypes.Policy> | EmptyObject) {
@@ -3720,11 +3720,11 @@ function canApproveIOU(iouReport: OnyxEntry<OnyxTypes.Report> | EmptyObject, cha
     const isCurrentUserManager = managerID === userAccountID;
     const isPolicyExpenseChat = ReportUtils.isPolicyExpenseChat(chatReport);
 
-    const isDraftExpenseReport = isPolicyExpenseChat && ReportUtils.isDraftExpenseReport(iouReport);
+    const isOpenExpenseReport = isPolicyExpenseChat && ReportUtils.isOpenExpenseReport(iouReport);
     const isApproved = ReportUtils.isReportApproved(iouReport);
     const iouSettled = ReportUtils.isSettled(iouReport?.reportID);
 
-    return isCurrentUserManager && !isDraftExpenseReport && !isApproved && !iouSettled;
+    return isCurrentUserManager && !isOpenExpenseReport && !isApproved && !iouSettled;
 }
 
 function hasIOUToApproveOrPay(chatReport: OnyxEntry<OnyxTypes.Report> | EmptyObject, excludedIOUReportID: string): boolean {