diff --git a/src/libs/OptionsListUtils.ts b/src/libs/OptionsListUtils.ts
index 330d9d6ef61d..73b04742878a 100644
--- a/src/libs/OptionsListUtils.ts
+++ b/src/libs/OptionsListUtils.ts
@@ -657,10 +657,11 @@ function isSearchStringMatchUserDetails(personalDetail: PersonalDetails, searchV
  * Get the last message text from the report directly or from other sources for special cases.
  */
 function getLastMessageTextForReport(report: OnyxEntry<Report>, lastActorDetails: Partial<PersonalDetails> | null, policy?: OnyxEntry<Policy>): string {
-    const lastReportAction = visibleReportActionItems[report?.reportID ?? '-1'] ?? null;
+    const reportID = report?.reportID ?? '-1';
+    const lastReportAction = visibleReportActionItems[reportID] ?? null;
 
     // some types of actions are filtered out for lastReportAction, in some cases we need to check the actual last action
-    const lastOriginalReportAction = lastReportActions[report?.reportID ?? '-1'] ?? null;
+    const lastOriginalReportAction = lastReportActions[reportID] ?? null;
     let lastMessageTextFromReport = '';
 
     if (ReportUtils.isArchivedRoom(report)) {
@@ -720,8 +721,10 @@ function getLastMessageTextForReport(report: OnyxEntry<Report>, lastActorDetails
         lastMessageTextFromReport = ReportUtils.formatReportLastMessageText(TaskUtils.getTaskReportActionMessage(lastReportAction).text);
     } else if (ReportActionUtils.isCreatedTaskReportAction(lastReportAction)) {
         lastMessageTextFromReport = TaskUtils.getTaskCreatedMessage(lastReportAction);
-    } else if (ReportActionUtils.isApprovedOrSubmittedReportAction(lastReportAction)) {
-        lastMessageTextFromReport = ReportActionUtils.getReportActionMessageText(lastReportAction);
+    } else if (lastReportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.SUBMITTED) {
+        lastMessageTextFromReport = ReportUtils.getIOUSubmittedMessage(reportID);
+    } else if (lastReportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.APPROVED) {
+        lastMessageTextFromReport = ReportUtils.getIOUApprovedMessage(reportID);
     }
 
     return lastMessageTextFromReport || (report?.lastMessageText ?? '');
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index fb3bebd75274..0a333b2f1f39 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -4002,11 +4002,19 @@ function buildOptimisticExpenseReport(chatReportID: string, policyID: string, pa
     return expenseReport;
 }
 
-function getIOUSubmittedMessage(reportID: string) {
+function getFormattedAmount(reportID: string) {
     const report = getReportOrDraftReport(reportID);
     const linkedReport = isChatThread(report) ? getParentReport(report) : report;
     const formattedAmount = CurrencyUtils.convertToDisplayString(Math.abs(linkedReport?.total ?? 0), linkedReport?.currency);
-    return Localize.translateLocal('iou.submittedAmount', {formattedAmount});
+    return formattedAmount;
+}
+
+function getIOUSubmittedMessage(reportID: string) {
+    return Localize.translateLocal('iou.submittedAmount', {formattedAmount: getFormattedAmount(reportID)});
+}
+
+function getIOUApprovedMessage(reportID: string) {
+    return Localize.translateLocal('iou.approvedAmount', {amount: getFormattedAmount(reportID)});
 }
 
 /**
@@ -7167,6 +7175,7 @@ export {
     getGroupChatName,
     getIOUReportActionDisplayMessage,
     getIOUReportActionMessage,
+    getIOUApprovedMessage,
     getIOUSubmittedMessage,
     getIcons,
     getIconsForParticipants,
diff --git a/src/pages/home/report/ContextMenu/ContextMenuActions.tsx b/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
index 218c382fd776..1fa6766d77c3 100644
--- a/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
+++ b/src/pages/home/report/ContextMenu/ContextMenuActions.tsx
@@ -400,6 +400,9 @@ const ContextMenuActions: ContextMenuAction[] = [
                 } else if (reportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.SUBMITTED) {
                     const displayMessage = ReportUtils.getIOUSubmittedMessage(reportID);
                     Clipboard.setString(displayMessage);
+                } else if (reportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.APPROVED) {
+                    const displayMessage = ReportUtils.getIOUApprovedMessage(reportID);
+                    Clipboard.setString(displayMessage);
                 } else if (reportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.HOLD) {
                     Clipboard.setString(Localize.translateLocal('iou.heldExpense'));
                 } else if (reportAction?.actionName === CONST.REPORT.ACTIONS.TYPE.UNHOLD) {
diff --git a/src/pages/home/report/ReportActionItem.tsx b/src/pages/home/report/ReportActionItem.tsx
index e732c5793f96..9135e494794e 100644
--- a/src/pages/home/report/ReportActionItem.tsx
+++ b/src/pages/home/report/ReportActionItem.tsx
@@ -621,6 +621,8 @@ function ReportActionItem({
             children = <ReportActionItemBasicMessage message={ReportActionsUtils.getMessageOfOldDotReportAction(action)} />;
         } else if (action.actionName === CONST.REPORT.ACTIONS.TYPE.SUBMITTED) {
             children = <ReportActionItemBasicMessage message={ReportUtils.getIOUSubmittedMessage(report.reportID)} />;
+        } else if (action.actionName === CONST.REPORT.ACTIONS.TYPE.APPROVED) {
+            children = <ReportActionItemBasicMessage message={ReportUtils.getIOUApprovedMessage(report.reportID)} />;
         } else if (action.actionName === CONST.REPORT.ACTIONS.TYPE.HOLD) {
             children = <ReportActionItemBasicMessage message={translate('iou.heldExpense')} />;
         } else if (action.actionName === CONST.REPORT.ACTIONS.TYPE.HOLD_COMMENT) {