diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index e3b87d1f517b5..ae1a519147b26 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -11315,7 +11315,6 @@ function createDraftWorkspaceAndNavigateToConfirmationScreen(introSelected: Onyx
 }
 
 type CreateDraftTransactionParams = {
-    transactionID: string | undefined;
     reportID: string | undefined;
     actionName: IOUAction;
     reportActionID: string | undefined;
@@ -11326,10 +11325,10 @@ type CreateDraftTransactionParams = {
     amountOwed: OnyxEntry<number>;
     isRestrictedToPreferredPolicy?: boolean;
     preferredPolicyID?: string;
+    transaction: OnyxEntry<Transaction>;
 };
 
 function createDraftTransactionAndNavigateToParticipantSelector({
-    transactionID,
     reportID,
     actionName,
     reportActionID,
@@ -11340,15 +11339,16 @@ function createDraftTransactionAndNavigateToParticipantSelector({
     amountOwed,
     isRestrictedToPreferredPolicy = false,
     preferredPolicyID,
+    transaction,
 }: CreateDraftTransactionParams): void {
+    const transactionID = transaction?.transactionID;
     if (!transactionID || !reportID) {
         return;
     }
 
-    const transaction = deprecatedAllTransactions?.[`${ONYXKEYS.COLLECTION.TRANSACTION}${transactionID}`] ?? ({} as Transaction);
     const reportActions = allReportActions?.[`${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${reportID}`] ?? ([] as ReportAction[]);
 
-    if (!transaction || !reportActions) {
+    if (!reportActions) {
         return;
     }
 
diff --git a/src/pages/ReportDetailsPage.tsx b/src/pages/ReportDetailsPage.tsx
index 490c6a1bc312d..b5908b6b44d30 100644
--- a/src/pages/ReportDetailsPage.tsx
+++ b/src/pages/ReportDetailsPage.tsx
@@ -454,7 +454,6 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                 shouldShowRightIcon: true,
                 action: () => {
                     createDraftTransactionAndNavigateToParticipantSelector({
-                        transactionID: iouTransactionID,
                         reportID: actionReportID,
                         actionName: CONST.IOU.ACTION.SUBMIT,
                         reportActionID: actionableWhisperReportActionID,
@@ -465,6 +464,7 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                         amountOwed,
                         isRestrictedToPreferredPolicy,
                         preferredPolicyID,
+                        transaction: iouTransaction,
                     });
                 },
             });
@@ -477,7 +477,6 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                     shouldShowRightIcon: true,
                     action: () => {
                         createDraftTransactionAndNavigateToParticipantSelector({
-                            transactionID: iouTransactionID,
                             reportID: actionReportID,
                             actionName: CONST.IOU.ACTION.CATEGORIZE,
                             reportActionID: actionableWhisperReportActionID,
@@ -486,6 +485,7 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                             activePolicy,
                             userBillingGraceEndPeriods,
                             amountOwed,
+                            transaction: iouTransaction,
                         });
                     },
                 });
@@ -497,7 +497,6 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                     shouldShowRightIcon: true,
                     action: () => {
                         createDraftTransactionAndNavigateToParticipantSelector({
-                            transactionID: iouTransactionID,
                             reportID: actionReportID,
                             actionName: CONST.IOU.ACTION.SHARE,
                             reportActionID: actionableWhisperReportActionID,
@@ -506,6 +505,7 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
                             activePolicy,
                             userBillingGraceEndPeriods,
                             amountOwed,
+                            transaction: iouTransaction,
                         });
                     },
                 });
@@ -634,6 +634,7 @@ function ReportDetailsPage({policy, report, route, reportMetadata}: ReportDetail
         reportActionsForOriginalReportID,
         userBillingGraceEndPeriods,
         amountOwed,
+        iouTransaction,
     ]);
 
     const displayNamesWithTooltips = useMemo(() => {
diff --git a/src/pages/inbox/report/PureReportActionItem.tsx b/src/pages/inbox/report/PureReportActionItem.tsx
index 0f3d04ea2a1d2..9618bad1ed06e 100644
--- a/src/pages/inbox/report/PureReportActionItem.tsx
+++ b/src/pages/inbox/report/PureReportActionItem.tsx
@@ -579,6 +579,8 @@ function PureReportActionItem({
 
     const [childReport] = useOnyx(`${ONYXKEYS.COLLECTION.REPORT}${getNonEmptyStringOnyxID(action.childReportID)}`);
     const [chatReport] = useOnyx(`${ONYXKEYS.COLLECTION.REPORT}${getNonEmptyStringOnyxID(report?.chatReportID)}`);
+    const trackExpenseTransactionID = isActionableTrackExpense(action) ? getOriginalMessage(action)?.transactionID : undefined;
+    const [trackExpenseTransaction] = useOnyx(`${ONYXKEYS.COLLECTION.TRANSACTION}${getNonEmptyStringOnyxID(trackExpenseTransactionID)}`);
 
     const highlightedBackgroundColorIfNeeded = useMemo(
         // eslint-disable-next-line @typescript-eslint/prefer-nullish-coalescing
@@ -933,14 +935,12 @@ function PureReportActionItem({
 
         const reportActionReportID = originalReportID ?? reportID;
         if (isActionableTrackExpense(action)) {
-            const transactionID = getOriginalMessage(action)?.transactionID;
             const options = [
                 {
                     text: 'actionableMentionTrackExpense.submit',
                     key: `${action.reportActionID}-actionableMentionTrackExpense-submit`,
                     onPress: () => {
                         createDraftTransactionAndNavigateToParticipantSelector({
-                            transactionID,
                             reportID: reportActionReportID,
                             actionName: CONST.IOU.ACTION.SUBMIT,
                             reportActionID: action.reportActionID,
@@ -951,6 +951,7 @@ function PureReportActionItem({
                             amountOwed,
                             isRestrictedToPreferredPolicy,
                             preferredPolicyID,
+                            transaction: trackExpenseTransaction,
                         });
                     },
                 },
@@ -963,7 +964,6 @@ function PureReportActionItem({
                         key: `${action.reportActionID}-actionableMentionTrackExpense-categorize`,
                         onPress: () => {
                             createDraftTransactionAndNavigateToParticipantSelector({
-                                transactionID,
                                 reportID: reportActionReportID,
                                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                                 reportActionID: action.reportActionID,
@@ -972,6 +972,7 @@ function PureReportActionItem({
                                 activePolicy,
                                 userBillingGraceEndPeriods,
                                 amountOwed,
+                                transaction: trackExpenseTransaction,
                             });
                         },
                     },
@@ -980,7 +981,6 @@ function PureReportActionItem({
                         key: `${action.reportActionID}-actionableMentionTrackExpense-share`,
                         onPress: () => {
                             createDraftTransactionAndNavigateToParticipantSelector({
-                                transactionID,
                                 reportID: reportActionReportID,
                                 actionName: CONST.IOU.ACTION.SHARE,
                                 reportActionID: action.reportActionID,
@@ -989,6 +989,7 @@ function PureReportActionItem({
                                 activePolicy,
                                 userBillingGraceEndPeriods,
                                 amountOwed,
+                                transaction: trackExpenseTransaction,
                             });
                         },
                     },
@@ -1135,6 +1136,7 @@ function PureReportActionItem({
         personalPolicyID,
         userBillingGraceEndPeriods,
         amountOwed,
+        trackExpenseTransaction,
     ]);
 
     /**
diff --git a/tests/actions/IOUTest.ts b/tests/actions/IOUTest.ts
index 9bb6210111abe..5054f2febac2d 100644
--- a/tests/actions/IOUTest.ts
+++ b/tests/actions/IOUTest.ts
@@ -628,7 +628,6 @@ describe('actions/IOU', () => {
             // When the transaction is saved to draft by selecting a category in the selfDM report
             const reportActionableTrackExpense = Object.values(selfDMReportActions ?? {}).find((reportAction) => isActionableTrackExpense(reportAction));
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: transaction?.transactionID,
                 reportID: selfDMReport.reportID,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID: reportActionableTrackExpense?.reportActionID,
@@ -637,6 +636,7 @@ describe('actions/IOU', () => {
                 activePolicy: undefined,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
+                transaction,
             });
             await waitForBatchedUpdates();
 
@@ -1201,7 +1201,6 @@ describe('actions/IOU', () => {
 
             // When a draft is created for categorization
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: createdTransaction?.transactionID,
                 reportID: selfDMReport.reportID,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID: actionableWhisper?.reportActionID,
@@ -1210,6 +1209,7 @@ describe('actions/IOU', () => {
                 activePolicy: undefined,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
+                transaction: createdTransaction,
             });
             await waitForBatchedUpdates();
 
@@ -1843,7 +1843,6 @@ describe('actions/IOU', () => {
 
             // When createDraftTransactionAndNavigateToParticipantSelector is called with draftTransactionIDs
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: transactionToCategorize.transactionID,
                 reportID: selfDMReport.reportID,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID,
@@ -1852,6 +1851,7 @@ describe('actions/IOU', () => {
                 activePolicy: undefined,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
+                transaction: transactionToCategorize,
             });
             await waitForBatchedUpdates();
 
@@ -1891,7 +1891,6 @@ describe('actions/IOU', () => {
 
             // When createDraftTransactionAndNavigateToParticipantSelector is called with empty allTransactionDrafts
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: originalTransaction.transactionID,
                 reportID: selfDMReport.reportID,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID,
@@ -1900,6 +1899,7 @@ describe('actions/IOU', () => {
                 activePolicy: undefined,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
+                transaction: originalTransaction,
             });
             await waitForBatchedUpdates();
 
@@ -1921,14 +1921,13 @@ describe('actions/IOU', () => {
             expect(draftTransaction?.linkedTrackedExpenseReportID).toBe(selfDMReport.reportID);
         });
 
-        it('should not create draft transaction when transactionID is undefined', async () => {
+        it('should not create draft transaction when transaction is undefined', async () => {
             // Given a selfDM report
             const selfDMReport = createRandomReport(1, CONST.REPORT.CHAT_TYPE.SELF_DM);
             await Onyx.set(`${ONYXKEYS.COLLECTION.REPORT}${selfDMReport.reportID}`, selfDMReport);
 
-            // When createDraftTransactionAndNavigateToParticipantSelector is called with undefined transactionID
+            // When createDraftTransactionAndNavigateToParticipantSelector is called with undefined transaction
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: undefined,
                 reportID: selfDMReport.reportID,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID: 'some-report-action-id',
@@ -1937,6 +1936,7 @@ describe('actions/IOU', () => {
                 activePolicy: undefined,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
+                transaction: undefined,
             });
             await waitForBatchedUpdates();
 
@@ -1960,13 +1960,13 @@ describe('actions/IOU', () => {
 
             // When createDraftTransactionAndNavigateToParticipantSelector is called with undefined reportID
             createDraftTransactionAndNavigateToParticipantSelector({
-                transactionID: transaction.transactionID,
                 reportID: undefined,
                 actionName: CONST.IOU.ACTION.CATEGORIZE,
                 reportActionID: 'some-report-action-id',
                 introSelected: {choice: CONST.ONBOARDING_CHOICES.MANAGE_TEAM},
                 draftTransactionIDs: [],
                 activePolicy: undefined,
+                transaction,
                 userBillingGraceEndPeriods: undefined,
                 amountOwed: 0,
             });
diff --git a/tests/unit/ReportUtilsTest.ts b/tests/unit/ReportUtilsTest.ts
index ac34e40dec9e7..09268e664d855 100644
--- a/tests/unit/ReportUtilsTest.ts
+++ b/tests/unit/ReportUtilsTest.ts
@@ -13194,6 +13194,27 @@ describe('ReportUtils', () => {
     });
 
     describe('createDraftTransactionAndNavigateToParticipantSelector', () => {
+        it('should return early and not navigate when transaction is undefined', async () => {
+            jest.clearAllMocks();
+            await Onyx.clear();
+            await Onyx.set(ONYXKEYS.SESSION, {email: currentUserEmail, accountID: currentUserAccountID});
+            await Onyx.merge(`${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${1}`, {});
+
+            createDraftTransactionAndNavigateToParticipantSelector({
+                reportID: '1',
+                actionName: CONST.IOU.ACTION.CATEGORIZE,
+                reportActionID: '1',
+                introSelected: undefined,
+                draftTransactionIDs: [],
+                activePolicy: undefined,
+                userBillingGraceEndPeriods: undefined,
+                amountOwed: 0,
+                transaction: undefined,
+            });
+
+            expect(Navigation.navigate).not.toHaveBeenCalled();
+        });
+
         describe('when action is CATEGORIZE', () => {
             beforeEach(async () => {
                 jest.clearAllMocks();
@@ -13217,7 +13238,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector with the restricted policy
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13226,6 +13246,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 1,
+                    transaction,
                 });
 
                 // Then it should navigate to the restricted action page
@@ -13252,7 +13273,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13261,6 +13281,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should navigate to the restricted action page
@@ -13290,7 +13311,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13299,6 +13319,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should navigate to the category step
@@ -13330,7 +13351,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector with undefined activePolicy
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '2',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '2',
@@ -13339,6 +13359,7 @@ describe('ReportUtils', () => {
                     activePolicy: undefined,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should automatically pick the available policy and navigate to the category step
@@ -13357,7 +13378,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector with undefined activePolicy
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13366,6 +13386,7 @@ describe('ReportUtils', () => {
                     activePolicy: undefined,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should navigate to the upgrade page because no policies were found to categorize with
@@ -13405,7 +13426,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector with undefined activePolicy
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13414,6 +13434,7 @@ describe('ReportUtils', () => {
                     activePolicy: undefined,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should navigate to the upgrade page because it's ambiguous which policy to use
@@ -13449,7 +13470,6 @@ describe('ReportUtils', () => {
 
                 // When we call createDraftTransactionAndNavigateToParticipantSelector
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13458,6 +13478,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should log a warning and not navigate
@@ -13491,7 +13512,6 @@ describe('ReportUtils', () => {
 
                 // When we call with amountOwed = 0
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13500,6 +13520,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 0,
+                    transaction,
                 });
 
                 // Then it should NOT navigate to restricted action page, but to category step
@@ -13525,7 +13546,6 @@ describe('ReportUtils', () => {
 
                 // When we call with amountOwed = 50
                 createDraftTransactionAndNavigateToParticipantSelector({
-                    transactionID: transaction.transactionID,
                     reportID: '1',
                     actionName: CONST.IOU.ACTION.CATEGORIZE,
                     reportActionID: '1',
@@ -13534,6 +13554,7 @@ describe('ReportUtils', () => {
                     activePolicy,
                     userBillingGraceEndPeriods: undefined,
                     amountOwed: 50,
+                    transaction,
                 });
 
                 // Then it should navigate to restricted action page