diff --git a/src/CONST.ts b/src/CONST.ts
index 6de65ae74f63..98a373239526 100755
--- a/src/CONST.ts
+++ b/src/CONST.ts
@@ -1122,6 +1122,7 @@ const CONST = {
         TRACK_DISTANCE: 'trackDistance',
         ASSIGN_TASK: 'assignTask',
         SEND_MONEY: 'sendMoney',
+        CREATE_REPORT: 'createReport',
     },
 
     RECEIPT: {
diff --git a/src/languages/en.ts b/src/languages/en.ts
index 8b3c22ea0c6b..7d9fb5874316 100755
--- a/src/languages/en.ts
+++ b/src/languages/en.ts
@@ -885,6 +885,7 @@ const translations = {
         header: 'Quick action',
         noLongerHaveReportAccess: 'You no longer have access to your previous quick action destination. Pick a new one below.',
         updateDestination: 'Update destination',
+        createReport: 'Create report',
     },
     iou: {
         amount: 'Amount',
diff --git a/src/languages/es.ts b/src/languages/es.ts
index 6e94abdce292..ba06a72a6ecd 100644
--- a/src/languages/es.ts
+++ b/src/languages/es.ts
@@ -880,6 +880,7 @@ const translations = {
         header: 'Acción rápida',
         noLongerHaveReportAccess: 'Ya no tienes acceso al destino previo de esta acción rápida. Escoge uno nuevo a continuación.',
         updateDestination: 'Actualiza el destino',
+        createReport: 'Crear informe',
     },
     iou: {
         amount: 'Importe',
diff --git a/src/libs/API/parameters/CreateAppReportParams.ts b/src/libs/API/parameters/CreateAppReportParams.ts
index 6ac0152ad7a6..02390a69cde1 100644
--- a/src/libs/API/parameters/CreateAppReportParams.ts
+++ b/src/libs/API/parameters/CreateAppReportParams.ts
@@ -5,5 +5,6 @@ type CreateAppReportParams = {
     reportID: string;
     reportActionID: string;
     reportPreviewReportActionID: string;
+    shouldUpdateQAB: boolean;
 };
 export default CreateAppReportParams;
diff --git a/src/libs/actions/QuickActionNavigation.ts b/src/libs/actions/QuickActionNavigation.ts
index cb05c42b2fa3..5e82988abd94 100644
--- a/src/libs/actions/QuickActionNavigation.ts
+++ b/src/libs/actions/QuickActionNavigation.ts
@@ -1,9 +1,13 @@
+import Navigation from '@libs/Navigation/Navigation';
 import {generateReportID} from '@libs/ReportUtils';
 import CONST from '@src/CONST';
+import ROUTES from '@src/ROUTES';
+import type {PersonalDetails} from '@src/types/onyx';
 import type {QuickActionName} from '@src/types/onyx/QuickAction';
 import type QuickAction from '@src/types/onyx/QuickAction';
 import type {IOURequestType} from './IOU';
 import {startMoneyRequest} from './IOU';
+import {createNewReport} from './Report';
 import {startOutCreateTaskQuickAction} from './Task';
 
 function getQuickActionRequestType(action: QuickActionName | undefined): IOURequestType | undefined {
@@ -25,8 +29,14 @@ function getQuickActionRequestType(action: QuickActionName | undefined): IOURequ
     return requestType;
 }
 
-function navigateToQuickAction(isValidReport: boolean, quickActionReportID: string, quickAction: QuickAction, selectOption: (onSelected: () => void, shouldRestrictAction: boolean) => void) {
-    const reportID = isValidReport ? quickActionReportID : generateReportID();
+function navigateToQuickAction(
+    isValidReport: boolean,
+    quickAction: QuickAction,
+    currentUserPersonalDetails: PersonalDetails,
+    policyID: string | undefined,
+    selectOption: (onSelected: () => void, shouldRestrictAction: boolean) => void,
+) {
+    const reportID = isValidReport && quickAction?.chatReportID ? quickAction?.chatReportID : generateReportID();
     const requestType = getQuickActionRequestType(quickAction?.action);
 
     switch (quickAction?.action) {
@@ -35,15 +45,15 @@ function navigateToQuickAction(isValidReport: boolean, quickActionReportID: stri
         case CONST.QUICK_ACTIONS.REQUEST_DISTANCE:
         case CONST.QUICK_ACTIONS.PER_DIEM:
             selectOption(() => startMoneyRequest(CONST.IOU.TYPE.SUBMIT, reportID, requestType, true), true);
-            return;
+            break;
         case CONST.QUICK_ACTIONS.SPLIT_MANUAL:
         case CONST.QUICK_ACTIONS.SPLIT_SCAN:
         case CONST.QUICK_ACTIONS.SPLIT_DISTANCE:
             selectOption(() => startMoneyRequest(CONST.IOU.TYPE.SPLIT, reportID, requestType, true), true);
-            return;
+            break;
         case CONST.QUICK_ACTIONS.SEND_MONEY:
             selectOption(() => startMoneyRequest(CONST.IOU.TYPE.PAY, reportID, undefined, true), false);
-            return;
+            break;
         case CONST.QUICK_ACTIONS.ASSIGN_TASK:
             selectOption(() => startOutCreateTaskQuickAction(isValidReport ? reportID : '', quickAction.targetAccountID ?? CONST.DEFAULT_NUMBER_ID), false);
             break;
@@ -52,6 +62,14 @@ function navigateToQuickAction(isValidReport: boolean, quickActionReportID: stri
         case CONST.QUICK_ACTIONS.TRACK_DISTANCE:
             selectOption(() => startMoneyRequest(CONST.IOU.TYPE.TRACK, reportID, requestType, true), false);
             break;
+        case CONST.QUICK_ACTIONS.CREATE_REPORT:
+            selectOption(() => {
+                const optimisticReportID = createNewReport(currentUserPersonalDetails, policyID);
+                Navigation.setNavigationActionToMicrotaskQueue(() => {
+                    Navigation.navigate(ROUTES.SEARCH_MONEY_REQUEST_REPORT.getRoute({reportID: optimisticReportID, backTo: Navigation.getActiveRoute()}));
+                });
+            }, true);
+            break;
         default:
     }
 }
diff --git a/src/libs/actions/Report.ts b/src/libs/actions/Report.ts
index 446c9c5561ec..7bdabcf4b4e2 100644
--- a/src/libs/actions/Report.ts
+++ b/src/libs/actions/Report.ts
@@ -2546,6 +2546,15 @@ function buildNewReportOptimisticData(policy: OnyxEntry<Policy>, reportID: strin
             key: `${ONYXKEYS.COLLECTION.NEXT_STEP}${reportID}`,
             value: optimisticNextStep,
         },
+        {
+            onyxMethod: Onyx.METHOD.SET,
+            key: ONYXKEYS.NVP_QUICK_ACTION_GLOBAL_CREATE,
+            value: {
+                action: CONST.QUICK_ACTIONS.CREATE_REPORT,
+                chatReportID: parentReport?.reportID,
+                isFirstQuickAction: isEmptyObject(quickAction),
+            },
+        },
     ];
 
     const failureData: OnyxUpdate[] = [
@@ -2559,6 +2568,11 @@ function buildNewReportOptimisticData(policy: OnyxEntry<Policy>, reportID: strin
             key: `${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${reportID}`,
             value: {[reportActionID]: {errorFields: {create: getMicroSecondOnyxErrorWithTranslationKey('report.genericCreateReportFailureMessage')}}},
         },
+        {
+            onyxMethod: Onyx.METHOD.SET,
+            key: ONYXKEYS.NVP_QUICK_ACTION_GLOBAL_CREATE,
+            value: quickAction ?? null,
+        },
     ];
 
     const successData: OnyxUpdate[] = [
@@ -2606,7 +2620,7 @@ function createNewReport(creatorPersonalDetails: PersonalDetails, policyID?: str
 
     API.write(
         WRITE_COMMANDS.CREATE_APP_REPORT,
-        {reportName: optimisticReportName, type: CONST.REPORT.TYPE.EXPENSE, policyID, reportID: optimisticReportID, reportActionID, reportPreviewReportActionID},
+        {reportName: optimisticReportName, type: CONST.REPORT.TYPE.EXPENSE, policyID, reportID: optimisticReportID, reportActionID, reportPreviewReportActionID, shouldUpdateQAB: true},
         {optimisticData, successData, failureData},
     );
     return optimisticReportID;
diff --git a/src/pages/NewReportWorkspaceSelectionPage.tsx b/src/pages/NewReportWorkspaceSelectionPage.tsx
index 554a3a378893..1414702635d0 100644
--- a/src/pages/NewReportWorkspaceSelectionPage.tsx
+++ b/src/pages/NewReportWorkspaceSelectionPage.tsx
@@ -45,8 +45,10 @@ function NewReportWorkspaceSelectionPage() {
             if (!policyID) {
                 return;
             }
-            const createdReportID = createNewReport(currentUserPersonalDetails, policyID);
-            Navigation.navigate(ROUTES.SEARCH_MONEY_REQUEST_REPORT.getRoute({reportID: createdReportID, backTo: Navigation.getActiveRoute()}), {forceReplace: true});
+            const optimisticReportID = createNewReport(currentUserPersonalDetails, policyID);
+            Navigation.setNavigationActionToMicrotaskQueue(() => {
+                Navigation.navigate(ROUTES.SEARCH_MONEY_REQUEST_REPORT.getRoute({reportID: optimisticReportID}), {forceReplace: true});
+            });
         },
         [currentUserPersonalDetails],
     );
diff --git a/src/pages/home/sidebar/FloatingActionButtonAndPopover.tsx b/src/pages/home/sidebar/FloatingActionButtonAndPopover.tsx
index b51b93519063..635c2effe72e 100644
--- a/src/pages/home/sidebar/FloatingActionButtonAndPopover.tsx
+++ b/src/pages/home/sidebar/FloatingActionButtonAndPopover.tsx
@@ -110,6 +110,8 @@ const getQuickActionIcon = (action: QuickActionName): React.FC<SvgProps> => {
             return getIconForAction(CONST.IOU.TYPE.TRACK);
         case CONST.QUICK_ACTIONS.TRACK_SCAN:
             return Expensicons.ReceiptScan;
+        case CONST.QUICK_ACTIONS.CREATE_REPORT:
+            return Expensicons.Document;
         default:
             return Expensicons.MoneyCircle;
     }
@@ -160,6 +162,8 @@ const getQuickActionTitle = (action: QuickActionName): TranslationPaths => {
             return 'quickAction.paySomeone';
         case CONST.QUICK_ACTIONS.ASSIGN_TASK:
             return 'quickAction.assignTask';
+        case CONST.QUICK_ACTIONS.CREATE_REPORT:
+            return 'quickAction.createReport';
         default:
             return '' as TranslationPaths;
     }
@@ -191,6 +195,7 @@ function FloatingActionButtonAndPopover({onHideCreateMenu, onShowCreateMenu, isT
     }, [activePolicy, activePolicyID, session?.accountID, allReports]);
     const [quickActionPolicy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${quickActionReport?.policyID}`);
     const [allPolicies] = useOnyx(ONYXKEYS.COLLECTION.POLICY, {selector: (c) => mapOnyxCollectionItems(c, policySelector)});
+    const currentUserPersonalDetails = useCurrentUserPersonalDetails();
 
     const [isCreateMenuActive, setIsCreateMenuActive] = useState(false);
     const [modalVisible, setModalVisible] = useState(false);
@@ -267,6 +272,13 @@ function FloatingActionButtonAndPopover({onHideCreateMenu, onShowCreateMenu, isT
         return quickAction?.action === CONST.QUICK_ACTIONS.SEND_MONEY && displayName.length === 0;
     }, [isValidReport, quickActionAvatars, personalDetails, quickAction?.action]);
 
+    const quickActionSubtitle = useMemo(() => {
+        if (quickAction?.action === CONST.QUICK_ACTIONS.CREATE_REPORT) {
+            return quickActionPolicy?.name;
+        }
+        return !hideQABSubtitle ? getReportName(quickActionReport) ?? translate('quickAction.updateDestination') : '';
+    }, [hideQABSubtitle, quickAction?.action, quickActionPolicy?.name, quickActionReport, translate]);
+
     const selectOption = useCallback(
         (onSelected: () => void, shouldRestrictAction: boolean) => {
             if (shouldRestrictAction && quickActionReport?.policyID && shouldRestrictUserBillableActions(quickActionReport.policyID)) {
@@ -393,7 +405,7 @@ function FloatingActionButtonAndPopover({onHideCreateMenu, onShowCreateMenu, isT
             }
             const onSelected = () => {
                 interceptAnonymousUser(() => {
-                    navigateToQuickAction(isValidReport, `${quickActionReport?.reportID ?? CONST.DEFAULT_NUMBER_ID}`, quickAction, selectOption);
+                    navigateToQuickAction(isValidReport, quickAction, currentUserPersonalDetails, quickActionPolicy?.id, selectOption);
                 });
             };
             return [
@@ -401,7 +413,7 @@ function FloatingActionButtonAndPopover({onHideCreateMenu, onShowCreateMenu, isT
                     ...baseQuickAction,
                     icon: getQuickActionIcon(quickAction?.action),
                     text: quickActionTitle,
-                    description: !hideQABSubtitle ? getReportName(quickActionReport) ?? translate('quickAction.updateDestination') : '',
+                    description: quickActionSubtitle,
                     onSelected,
                     shouldShowSubscriptRightAvatar: isPolicyExpenseChat(quickActionReport),
                 },
@@ -440,17 +452,18 @@ function FloatingActionButtonAndPopover({onHideCreateMenu, onShowCreateMenu, isT
         quickActionAvatars,
         quickAction,
         policyChatForActivePolicy,
-        quickActionReport,
-        quickActionPolicy,
         quickActionTitle,
-        hideQABSubtitle,
+        quickActionSubtitle,
+        currentUserPersonalDetails,
+        quickActionPolicy,
+        quickActionReport,
         isValidReport,
         selectOption,
     ]);
 
     const viewTourTaskReportID = introSelected?.viewTour;
     const [viewTourTaskReport] = useOnyx(`${ONYXKEYS.COLLECTION.REPORT}${viewTourTaskReportID}`);
-    const currentUserPersonalDetails = useCurrentUserPersonalDetails();
+
     const canModifyTask = canModifyTaskUtils(viewTourTaskReport, currentUserPersonalDetails.accountID);
     const canActionTask = canActionTaskUtils(viewTourTaskReport, currentUserPersonalDetails.accountID);
 
diff --git a/tests/actions/ReportTest.ts b/tests/actions/ReportTest.ts
index 3b2ee21b31e3..a0c982f3fbfb 100644
--- a/tests/actions/ReportTest.ts
+++ b/tests/actions/ReportTest.ts
@@ -1485,4 +1485,37 @@ describe('actions/Report', () => {
 
         expect(report?.lastMentionedTime).toBeUndefined();
     });
+
+    it('should create new report and "create report" quick action, when createNewReport gets called', async () => {
+        const reportID = Report.createNewReport({accountID: 1234}, '5678');
+        await new Promise<void>((resolve) => {
+            const connection = Onyx.connect({
+                key: ONYXKEYS.COLLECTION.REPORT,
+                waitForCollectionCallback: true,
+                callback: (reports) => {
+                    Onyx.disconnect(connection);
+                    const createdReport = reports?.[`${ONYXKEYS.COLLECTION.REPORT}${reportID}`];
+
+                    // assert correctness of crucial onyx data
+                    expect(createdReport?.reportID).toBe(reportID);
+                    expect(createdReport?.total).toBe(0);
+
+                    resolve();
+                },
+            });
+        });
+
+        await new Promise<void>((resolve) => {
+            const connection = Onyx.connect({
+                key: ONYXKEYS.NVP_QUICK_ACTION_GLOBAL_CREATE,
+                callback: (quickAction) => {
+                    Onyx.disconnect(connection);
+
+                    // Then the quickAction.action should be set to CREATE_REPORT
+                    expect(quickAction?.action).toBe(CONST.QUICK_ACTIONS.CREATE_REPORT);
+                    resolve();
+                },
+            });
+        });
+    });
 });
diff --git a/tests/unit/QuickActionNavigationTest.ts b/tests/unit/QuickActionNavigationTest.ts
index 86c54ca51685..e37cb1153403 100644
--- a/tests/unit/QuickActionNavigationTest.ts
+++ b/tests/unit/QuickActionNavigationTest.ts
@@ -1,11 +1,19 @@
 import {startMoneyRequest} from '@libs/actions/IOU';
 import {navigateToQuickAction} from '@libs/actions/QuickActionNavigation';
+import {createNewReport} from '@libs/actions/Report';
+import {startOutCreateTaskQuickAction} from '@libs/actions/Task';
 import {generateReportID} from '@libs/ReportUtils';
 import CONST from '@src/CONST';
 
 jest.mock('@libs/actions/IOU', () => ({
     startMoneyRequest: jest.fn(),
 }));
+jest.mock('@libs/actions/Report', () => ({
+    createNewReport: jest.fn(),
+}));
+jest.mock('@libs/actions/Task', () => ({
+    startOutCreateTaskQuickAction: jest.fn(),
+}));
 
 describe('IOU Utils', () => {
     // Given navigateToQuickAction is called with quick action argument when clicking on quick action button from Global create menu
@@ -14,7 +22,7 @@ describe('IOU Utils', () => {
 
         it('should be navigated to Manual Submit Expense', () => {
             // When the quick action is REQUEST_MANUAL
-            navigateToQuickAction(true, reportID, {action: CONST.QUICK_ACTIONS.REQUEST_MANUAL}, (onSelected: () => void) => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.REQUEST_MANUAL, chatReportID: reportID}, {accountID: 1234}, undefined, (onSelected: () => void) => {
                 onSelected();
             });
             // Then we should start manual submit request flow
@@ -23,7 +31,7 @@ describe('IOU Utils', () => {
 
         it('should be navigated to Scan receipt Split Expense', () => {
             // When the quick action is SPLIT_SCAN
-            navigateToQuickAction(true, reportID, {action: CONST.QUICK_ACTIONS.SPLIT_SCAN}, (onSelected: () => void) => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.SPLIT_SCAN, chatReportID: reportID}, {accountID: 1234}, undefined, (onSelected: () => void) => {
                 onSelected();
             });
             // Then we should start scan split request flow
@@ -32,7 +40,7 @@ describe('IOU Utils', () => {
 
         it('should be navigated to Track distance Expense', () => {
             // When the quick action is TRACK_DISTANCE
-            navigateToQuickAction(true, reportID, {action: CONST.QUICK_ACTIONS.TRACK_DISTANCE}, (onSelected: () => void) => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.TRACK_DISTANCE, chatReportID: reportID}, {accountID: 1234}, undefined, (onSelected: () => void) => {
                 onSelected();
             });
             // Then we should start distance track request flow
@@ -41,7 +49,7 @@ describe('IOU Utils', () => {
 
         it('should be navigated to Per Diem Expense', () => {
             // When the quick action is PER_DIEM
-            navigateToQuickAction(true, reportID, {action: CONST.QUICK_ACTIONS.PER_DIEM}, (onSelected: () => void) => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.PER_DIEM, chatReportID: reportID}, {accountID: 1234}, undefined, (onSelected: () => void) => {
                 onSelected();
             });
             // Then we should start per diem request flow
@@ -49,3 +57,22 @@ describe('IOU Utils', () => {
         });
     });
 });
+
+describe('Non IOU quickActions test:', () => {
+    const reportID = generateReportID();
+
+    describe('navigateToQuickAction', () => {
+        it('creates new report for "createReport" quick action', () => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.CREATE_REPORT, chatReportID: reportID}, {accountID: 1234}, undefined, (onSelected: () => void) => {
+                onSelected();
+            });
+            expect(createNewReport).toHaveBeenCalled();
+        });
+        it('starts create task flow for "assignTask" quick action', () => {
+            navigateToQuickAction(true, {action: CONST.QUICK_ACTIONS.ASSIGN_TASK, targetAccountID: 123}, {accountID: 1234}, undefined, (onSelected: () => void) => {
+                onSelected();
+            });
+            expect(startOutCreateTaskQuickAction).toHaveBeenCalled();
+        });
+    });
+});