diff --git a/src/components/ReportActionItem/IOUPreview.js b/src/components/ReportActionItem/IOUPreview.js
index 3c766743aeb27..a0679ca3fc408 100644
--- a/src/components/ReportActionItem/IOUPreview.js
+++ b/src/components/ReportActionItem/IOUPreview.js
@@ -143,11 +143,21 @@ const IOUPreview = (props) => {
                                     />
                                 </View>
                             </View>
-                            <Text>
-                                {props.iouReport.hasOutstandingIOU
-                                    ? props.translate('iou.owes', {manager: managerName, owner: ownerName})
-                                    : props.translate('iou.paid', {manager: managerName, owner: ownerName})}
-                            </Text>
+                            {isCurrentUserManager
+                                ? (
+                                    <Text>
+                                        {props.iouReport.hasOutstandingIOU
+                                            ? props.translate('iou.youowe', {owner: ownerName})
+                                            : props.translate('iou.youpaid', {owner: ownerName})}
+                                    </Text>
+                                )
+                                : (
+                                    <Text>
+                                        {props.iouReport.hasOutstandingIOU
+                                            ? props.translate('iou.owesyou', {manager: managerName})
+                                            : props.translate('iou.paidyou', {manager: managerName})}
+                                    </Text>
+                                )}
                             {(isCurrentUserManager
                                 && !props.shouldHidePayButton
                                 && props.iouReport.stateNum === CONST.REPORT.STATE_NUM.PROCESSING && (
diff --git a/src/languages/en.js b/src/languages/en.js
index 7dcabe783343b..1520446a14984 100755
--- a/src/languages/en.js
+++ b/src/languages/en.js
@@ -206,8 +206,10 @@ export default {
         settlePaypalMe: 'Pay with PayPal.me',
         settleVenmo: 'Pay with Venmo',
         request: ({amount}) => `Request ${amount}`,
-        owes: ({manager, owner}) => `${manager} owes ${owner}`,
-        paid: ({owner, manager}) => `${manager} paid ${owner}`,
+        youowe: ({owner}) => `You owe ${owner}`,
+        youpaid: ({owner}) => `You paid ${owner}`,
+        owesyou: ({manager}) => `${manager} owes you`,
+        paidyou: ({manager}) => `${manager} paid you`,
         split: ({amount}) => `Split ${amount}`,
         send: ({amount}) => `Send ${amount}`,
         noReimbursableExpenses: 'This report has an invalid amount',
diff --git a/src/languages/es.js b/src/languages/es.js
index 4082944d33a01..627dd67ccda3b 100644
--- a/src/languages/es.js
+++ b/src/languages/es.js
@@ -206,8 +206,10 @@ export default {
         settlePaypalMe: 'Pagar con PayPal.me',
         settleVenmo: 'Pagar con Venmo',
         request: ({amount}) => `Solicitar ${amount}`,
-        owes: ({manager, owner}) => `${manager} debe a ${owner}`,
-        paid: ({owner, manager}) => `${manager} pagó a ${owner}`,
+        youowe: ({owner}) => `Le debes a ${owner}`,
+        youpaid: ({owner}) => `Le pagaste a ${owner}`,
+        owesyou: ({manager}) => `${manager} te debe`,
+        paidyou: ({manager}) => `${manager} te pagó`,
         split: ({amount}) => `Dividir ${amount}`,
         send: ({amount}) => `Enviar ${amount}`,
         noReimbursableExpenses: 'El monto de este informe es inválido',