diff --git a/src/components/MoneyReportHeader.tsx b/src/components/MoneyReportHeader.tsx
index 7905bbcab4d0b..78ee5cb27970f 100644
--- a/src/components/MoneyReportHeader.tsx
+++ b/src/components/MoneyReportHeader.tsx
@@ -23,7 +23,6 @@ import useLocalize from '@hooks/useLocalize';
 import useMobileSelectionMode from '@hooks/useMobileSelectionMode';
 import useNetwork from '@hooks/useNetwork';
 import useOnyx from '@hooks/useOnyx';
-import useParticipantsInvoiceReport from '@hooks/useParticipantsInvoiceReport';
 import usePaymentAnimations from '@hooks/usePaymentAnimations';
 import usePaymentOptions from '@hooks/usePaymentOptions';
 import usePermissions from '@hooks/usePermissions';
@@ -673,7 +672,6 @@ function MoneyReportHeader({
     const isReportSubmitter = isCurrentUserSubmitter(chatIOUReport);
     const isChatReportDM = isDM(chatReport);
 
-    const existingB2BInvoiceReport = useParticipantsInvoiceReport(activePolicyID, CONST.REPORT.INVOICE_RECEIVER_TYPE.BUSINESS, chatReport?.policyID);
     const isSelectionModePaymentRef = useRef(false);
     const confirmPayment = useCallback(
         ({paymentType: type, payAsBusiness, methodID, paymentMethod}: PaymentActionParams) => {
@@ -706,7 +704,6 @@ function MoneyReportHeader({
                     currentUserAccountIDParam: accountID,
                     currentUserEmailParam: email ?? '',
                     payAsBusiness,
-                    existingB2BInvoiceReport,
                     methodID,
                     paymentMethod,
                     activePolicy,
@@ -768,7 +765,6 @@ function MoneyReportHeader({
             introSelected,
             accountID,
             email,
-            existingB2BInvoiceReport,
             activePolicy,
             policy,
             currentSearchQueryJSON,
diff --git a/src/components/ReportActionItem/MoneyRequestReportPreview/MoneyRequestReportPreviewContent.tsx b/src/components/ReportActionItem/MoneyRequestReportPreview/MoneyRequestReportPreviewContent.tsx
index a1536c8270504..c31a25beb1fd6 100644
--- a/src/components/ReportActionItem/MoneyRequestReportPreview/MoneyRequestReportPreviewContent.tsx
+++ b/src/components/ReportActionItem/MoneyRequestReportPreview/MoneyRequestReportPreviewContent.tsx
@@ -33,7 +33,6 @@ import {useMemoizedLazyExpensifyIcons} from '@hooks/useLazyAsset';
 import useLocalize from '@hooks/useLocalize';
 import useNetwork from '@hooks/useNetwork';
 import useOnyx from '@hooks/useOnyx';
-import useParticipantsInvoiceReport from '@hooks/useParticipantsInvoiceReport';
 import usePaymentAnimations from '@hooks/usePaymentAnimations';
 import usePermissions from '@hooks/usePermissions';
 import usePolicy from '@hooks/usePolicy';
@@ -254,8 +253,6 @@ function MoneyRequestReportPreviewContent({
 
     const hasReceipts = transactionsWithReceipts.length > 0;
     const isScanning = hasReceipts && areAllRequestsBeingSmartScanned;
-    const existingB2BInvoiceReport = useParticipantsInvoiceReport(activePolicyID, CONST.REPORT.INVOICE_RECEIVER_TYPE.BUSINESS, chatReport?.policyID);
-
     const {isDelegateAccessRestricted} = useDelegateNoAccessState();
     const {showDelegateNoAccessModal} = useDelegateNoAccessActions();
     const [reportActions] = useOnyx(`${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${iouReportID}`);
@@ -290,7 +287,6 @@ function MoneyRequestReportPreviewContent({
                         currentUserAccountIDParam: currentUserAccountID,
                         currentUserEmailParam: currentUserEmail,
                         payAsBusiness,
-                        existingB2BInvoiceReport,
                         methodID,
                         paymentMethod,
                         activePolicy,
@@ -326,7 +322,6 @@ function MoneyRequestReportPreviewContent({
             introSelected,
             currentUserAccountID,
             currentUserEmail,
-            existingB2BInvoiceReport,
             activePolicy,
             policy,
             betas,
diff --git a/src/libs/actions/IOU/index.ts b/src/libs/actions/IOU/index.ts
index fdc5fe67e3d32..2bcc695cc8e75 100644
--- a/src/libs/actions/IOU/index.ts
+++ b/src/libs/actions/IOU/index.ts
@@ -152,6 +152,7 @@ import {
     hasNonReimbursableTransactions as hasNonReimbursableTransactionsReportUtils,
     hasOutstandingChildRequest,
     hasViolations as hasViolationsReportUtils,
+    isArchivedNonExpenseReport,
     isArchivedReport,
     isClosedReport as isClosedReportUtil,
     isDeprecatedGroupDM,
@@ -326,7 +327,6 @@ type PayInvoiceArgs = {
     currentUserAccountIDParam: number;
     currentUserEmailParam: string;
     payAsBusiness?: boolean;
-    existingB2BInvoiceReport?: OnyxEntry<OnyxTypes.Report>;
     methodID?: number;
     paymentMethod?: PaymentMethod;
     activePolicy?: OnyxTypes.Policy;
@@ -1026,6 +1026,25 @@ function getAllReports(): OnyxCollection<OnyxTypes.Report> {
     return allReports;
 }
 
+function getExistingB2BInvoiceReport(receiverID: string | number | undefined, policyID?: string): OnyxEntry<OnyxTypes.Report> {
+    return Object.values(allReports ?? {}).find((report) => {
+        if (!report || !isInvoiceRoom(report)) {
+            return false;
+        }
+        const rnvp = allReportNameValuePairs?.[`${ONYXKEYS.COLLECTION.REPORT_NAME_VALUE_PAIRS}${report.reportID}`];
+        if (isArchivedNonExpenseReport(report, isArchivedReport(rnvp))) {
+            return false;
+        }
+        const isSameReceiver =
+            report.invoiceReceiver &&
+            report.invoiceReceiver.type === CONST.REPORT.INVOICE_RECEIVER_TYPE.BUSINESS &&
+            'policyID' in report.invoiceReceiver &&
+            report.invoiceReceiver.policyID === receiverID;
+
+        return report.policyID === policyID && isSameReceiver;
+    });
+}
+
 function getAllReportActionsFromIOU(): OnyxCollection<OnyxTypes.ReportActions> {
     return allReportActions;
 }
@@ -9296,7 +9315,6 @@ function getPayMoneyRequestParams({
     introSelected,
     paymentPolicyID,
     lastUsedPaymentMethod,
-    existingB2BInvoiceReport,
     activePolicy,
     iouReportCurrentNextStepDeprecated,
     betas,
@@ -9312,7 +9330,6 @@ function getPayMoneyRequestParams({
     bankAccountID?: number;
     paymentPolicyID?: string | undefined;
     lastUsedPaymentMethod?: OnyxTypes.LastPaymentMethodType;
-    existingB2BInvoiceReport?: OnyxEntry<OnyxTypes.Report>;
     activePolicy?: OnyxEntry<OnyxTypes.Policy>;
     currentUserAccountIDParam: number;
     currentUserEmailParam?: string;
@@ -9379,8 +9396,12 @@ function getPayMoneyRequestParams({
         onyxData.failureData?.push(...(policyFailureData ?? []), {onyxMethod: Onyx.METHOD.MERGE, key: ONYXKEYS.NVP_ACTIVE_POLICY_ID, value: activePolicy?.id ?? null});
     }
 
-    if (isIndividualInvoiceRoom(chatReport) && payAsBusiness && existingB2BInvoiceReport) {
-        chatReport = existingB2BInvoiceReport;
+    if (isIndividualInvoiceRoom(chatReport) && payAsBusiness) {
+        const existingB2B = getExistingB2BInvoiceReport(activePolicy?.id, chatReport.policyID);
+
+        if (existingB2B) {
+            chatReport = existingB2B;
+        }
     }
 
     let total = (iouReport?.total ?? 0) - (iouReport?.nonReimbursableTotal ?? 0);
@@ -11348,7 +11369,6 @@ function payInvoice({
     currentUserAccountIDParam,
     currentUserEmailParam,
     payAsBusiness = false,
-    existingB2BInvoiceReport,
     methodID,
     paymentMethod,
     activePolicy,
@@ -11380,7 +11400,6 @@ function payInvoice({
         full: true,
         payAsBusiness,
         bankAccountID: methodID,
-        existingB2BInvoiceReport,
         activePolicy,
         currentUserAccountIDParam,
         currentUserEmailParam,