diff --git a/src/libs/WorkspaceReportFieldUtils.ts b/src/libs/WorkspaceReportFieldUtils.ts
index b7d93b8dee3a..503c1d440d69 100644
--- a/src/libs/WorkspaceReportFieldUtils.ts
+++ b/src/libs/WorkspaceReportFieldUtils.ts
@@ -80,7 +80,7 @@ function getReportFieldInitialValue(reportField: PolicyReportField | null): stri
     }
 
     if (reportField.type === CONST.REPORT_FIELD_TYPES.DATE) {
-        return Localize.translateLocal('common.currentDate');
+        return Localize.translateLocal('common.initialValue');
     }
 
     return reportField.value ?? reportField.defaultValue;
diff --git a/src/pages/workspace/reportFields/CreateReportFieldsPage.tsx b/src/pages/workspace/reportFields/CreateReportFieldsPage.tsx
index 8266405a88e5..b3ae0aae6a18 100644
--- a/src/pages/workspace/reportFields/CreateReportFieldsPage.tsx
+++ b/src/pages/workspace/reportFields/CreateReportFieldsPage.tsx
@@ -171,7 +171,7 @@ function CreateReportFieldsPage({
 
                             {inputValues[INPUT_IDS.TYPE] === CONST.REPORT_FIELD_TYPES.DATE && (
                                 <MenuItemWithTopDescription
-                                    title={translate('common.currentDate')}
+                                    title={translate('common.initialValue')}
                                     description={translate('common.date')}
                                     rightLabel={translate('common.required')}
                                     interactive={false}
diff --git a/src/pages/workspace/reportFields/ReportFieldsSettingsPage.tsx b/src/pages/workspace/reportFields/ReportFieldsSettingsPage.tsx
index 34e3da1e6453..799c42ade8d0 100644
--- a/src/pages/workspace/reportFields/ReportFieldsSettingsPage.tsx
+++ b/src/pages/workspace/reportFields/ReportFieldsSettingsPage.tsx
@@ -113,7 +113,7 @@ function ReportFieldsSettingsPage({
                             style={[styles.moneyRequestMenuItem]}
                             titleStyle={styles.flex1}
                             title={WorkspaceReportFieldUtils.getReportFieldInitialValue(reportField)}
-                            description={translate('common.initialValue')}
+                            description={translate('common.date')}
                             shouldShowRightIcon={!isDateFieldType && !hasAccountingConnections}
                             interactive={!isDateFieldType && !hasAccountingConnections}
                             onPress={() => Navigation.navigate(ROUTES.WORKSPACE_EDIT_REPORT_FIELDS_INITIAL_VALUE.getRoute(policyID, reportFieldID))}