diff --git a/src/CONST.js b/src/CONST.js
index f0ccd47b3a8f..4f1ff5fc2f17 100755
--- a/src/CONST.js
+++ b/src/CONST.js
@@ -406,6 +406,7 @@ const CONST = {
         },
         TYPE: {
             CHAT: 'chat',
+            EXPENSE: 'expense',
             IOU: 'iou',
         },
         CHAT_TYPE: {
diff --git a/src/libs/OptionsListUtils.js b/src/libs/OptionsListUtils.js
index aa2fc49ce9b9..7db2e875660c 100644
--- a/src/libs/OptionsListUtils.js
+++ b/src/libs/OptionsListUtils.js
@@ -54,14 +54,23 @@ Onyx.connect({
     },
 });
 
+const expenseReports = {};
 const iouReports = {};
 Onyx.connect({
     key: ONYXKEYS.COLLECTION.REPORT,
-    callback: (iouReport, key) => {
-        if (!iouReport || !key || !iouReport.ownerEmail || !ReportUtils.isIOUReport(iouReport)) {
+    callback: (report, key) => {
+        if (!report || !key || !report.ownerEmail) {
             return;
         }
-        iouReports[key] = iouReport;
+
+        if (ReportUtils.isExpenseReport(report)) {
+            expenseReports[key] = report;
+            return;
+        }
+
+        if (ReportUtils.isIOUReport(report)) {
+            iouReports[key] = report;
+        }
     },
 });
 
diff --git a/src/libs/ReportUtils.js b/src/libs/ReportUtils.js
index 31e5e98e8c31..4e7305a6d2f7 100644
--- a/src/libs/ReportUtils.js
+++ b/src/libs/ReportUtils.js
@@ -99,12 +99,23 @@ function getReportParticipantsTitle(logins) {
 }
 
 /**
- * Attempts to find a report in onyx with the provided list of participants
+ * Checks if a report is an Expense report.
+ *
+ * @param {Object} report
+ * @returns {Boolean}
+ */
+function isExpenseReport(report) {
+    return lodashGet(report, 'type') === CONST.REPORT.TYPE.EXPENSE;
+}
+
+/**
+ * Checks if a report is an IOU report.
+ *
  * @param {Object} report
  * @returns {Boolean}
  */
 function isIOUReport(report) {
-    return report && _.has(report, 'total');
+    return lodashGet(report, 'type') === CONST.REPORT.TYPE.IOU;
 }
 
 /**
@@ -981,6 +992,7 @@ function buildOptimisticIOUReport(ownerEmail, userEmail, total, chatReportID, cu
     return {
         // If we're sending money, hasOutstandingIOU should be false
         hasOutstandingIOU: !isSendingMoney,
+        type: CONST.REPORT.TYPE.IOU,
         cachedTotal: formattedTotal,
         chatReportID,
         currency,
@@ -1146,6 +1158,7 @@ function buildOptimisticChatReport(
 ) {
     const currentTime = DateUtils.getDBTime();
     return {
+        type: CONST.REPORT.TYPE.CHAT,
         chatType,
         hasOutstandingIOU: false,
         isOwnPolicyExpenseChat,
@@ -1741,6 +1754,7 @@ export {
     getAllPolicyReports,
     getIOUReportActionMessage,
     getDisplayNameForParticipant,
+    isExpenseReport,
     isIOUReport,
     chatIncludesChronos,
     getAvatar,
diff --git a/tests/unit/SidebarOrderTest.js b/tests/unit/SidebarOrderTest.js
index 0706ccf2ab97..ac246e01f8ca 100644
--- a/tests/unit/SidebarOrderTest.js
+++ b/tests/unit/SidebarOrderTest.js
@@ -330,6 +330,7 @@ describe('Sidebar', () => {
             };
             const iouReport = {
                 ...LHNTestUtils.getFakeReport(['email7@test.com', 'email8@test.com']),
+                type: CONST.REPORT.TYPE.IOU,
                 ownerEmail: 'email2@test.com',
                 hasOutstandingIOU: true,
                 total: 10000,
@@ -635,6 +636,7 @@ describe('Sidebar', () => {
             };
             const iouReport1 = {
                 ...LHNTestUtils.getFakeReport(['email7@test.com', 'email8@test.com']),
+                type: CONST.REPORT.TYPE.IOU,
                 ownerEmail: 'email2@test.com',
                 hasOutstandingIOU: true,
                 total: 10000,
@@ -643,6 +645,7 @@ describe('Sidebar', () => {
             };
             const iouReport2 = {
                 ...LHNTestUtils.getFakeReport(['email9@test.com', 'email10@test.com']),
+                type: CONST.REPORT.TYPE.IOU,
                 ownerEmail: 'email2@test.com',
                 hasOutstandingIOU: true,
                 total: 10000,
@@ -651,6 +654,7 @@ describe('Sidebar', () => {
             };
             const iouReport3 = {
                 ...LHNTestUtils.getFakeReport(['email11@test.com', 'email12@test.com']),
+                type: CONST.REPORT.TYPE.IOU,
                 ownerEmail: 'email2@test.com',
                 hasOutstandingIOU: true,
                 total: 10000,
diff --git a/tests/utils/LHNTestUtils.js b/tests/utils/LHNTestUtils.js
index 480fa3fc9059..1a8f7db94427 100644
--- a/tests/utils/LHNTestUtils.js
+++ b/tests/utils/LHNTestUtils.js
@@ -75,6 +75,7 @@ let lastFakeReportID = 0;
 function getFakeReport(participants = ['email1@test.com', 'email2@test.com'], millisecondsInThePast = 0, isUnread = false) {
     const lastVisibleActionCreated = DateUtils.getDBTime(Date.now() - millisecondsInThePast);
     return {
+        type: CONST.REPORT.TYPE.CHAT,
         reportID: `${++lastFakeReportID}`,
         reportName: 'Report',
         lastVisibleActionCreated,
@@ -98,6 +99,7 @@ function getFakeReport(participants = ['email1@test.com', 'email2@test.com'], mi
 function getAdvancedFakeReport(isArchived, isUserCreatedPolicyRoom, hasAddWorkspaceError, isUnread, isPinned, hasDraft) {
     return {
         ...getFakeReport(['email1@test.com', 'email2@test.com'], 0, isUnread),
+        type: CONST.REPORT.TYPE.CHAT,
         chatType: isUserCreatedPolicyRoom ? CONST.REPORT.CHAT_TYPE.POLICY_ROOM : CONST.REPORT.CHAT_TYPE.POLICY_ADMINS,
         statusNum: isArchived ? CONST.REPORT.STATUS.CLOSED : 0,
         stateNum: isArchived ? CONST.REPORT.STATE_NUM.SUBMITTED : 0,