diff --git a/CHANGELOG.md b/CHANGELOG.md
index 57b6c31a..60dd973c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -23,6 +23,7 @@
 * ECS - Display all consortium tenants in the affiliation selection of the location lookup. Refs UISACQCOMP-202.
 * Add isMultiSelect prop to DonorsLookup component. Refs UISACQCOMP-212.
 * ECS - Add `isLoading` prop for `ConsortiumFieldInventory` component. Refs UISACQCOMP-215.
+* Allow TypeToggle component to accept values in format `'\"Value\"'`. Refs UISACQCOMP-216. 
 
 ## [5.1.1](https://github.com/folio-org/stripes-acq-components/tree/v5.1.1) (2024-04-22)
 [Full Changelog](https://github.com/folio-org/stripes-acq-components/compare/v5.1.0...v5.1.1)
diff --git a/lib/TypeToggle/TypeToggle.js b/lib/TypeToggle/TypeToggle.js
index 6e8abb6a..db66d290 100644
--- a/lib/TypeToggle/TypeToggle.js
+++ b/lib/TypeToggle/TypeToggle.js
@@ -19,19 +19,21 @@ const TypeToggle = ({
   onChangeToAmount,
   onChangeToPercent,
 }) => {
+  const normalizedValue = value.replace(/"/g, '').toLowerCase();
+
   const switchToAmount = useCallback(() => {
-    if (value !== FUND_DISTR_TYPE.amount) {
+    if (normalizedValue !== FUND_DISTR_TYPE.amount) {
       onChange(FUND_DISTR_TYPE.amount);
       if (onChangeToAmount) onChangeToAmount(name);
     }
-  }, [name, onChange, onChangeToAmount, value]);
+  }, [name, onChange, onChangeToAmount, normalizedValue]);
 
   const switchToPercent = useCallback(() => {
-    if (value !== FUND_DISTR_TYPE.percent) {
+    if (normalizedValue !== FUND_DISTR_TYPE.percent) {
       onChange(FUND_DISTR_TYPE.percent);
       if (onChangeToPercent) onChangeToPercent(name);
     }
-  }, [name, onChange, onChangeToPercent, value]);
+  }, [name, onChange, onChangeToPercent, normalizedValue]);
 
   return (
     <KeyValue label={label}>
@@ -41,7 +43,7 @@ const TypeToggle = ({
       >
         <Button
           onClick={switchToPercent}
-          buttonStyle={value === FUND_DISTR_TYPE.percent ? 'primary' : 'default'}
+          buttonStyle={normalizedValue === FUND_DISTR_TYPE.percent ? 'primary' : 'default'}
           data-test-fund-distr-type-percent
           disabled={disabled}
         >
@@ -49,7 +51,7 @@ const TypeToggle = ({
         </Button>
         <Button
           onClick={switchToAmount}
-          buttonStyle={value === FUND_DISTR_TYPE.amount ? 'primary' : 'default'}
+          buttonStyle={normalizedValue === FUND_DISTR_TYPE.amount ? 'primary' : 'default'}
           data-test-fund-distr-type-amount
           disabled={disabled}
         >