diff --git a/src/libs/OptionsListUtils.ts b/src/libs/OptionsListUtils.ts
index 4517ddea1af7..f191c1d06532 100644
--- a/src/libs/OptionsListUtils.ts
+++ b/src/libs/OptionsListUtils.ts
@@ -471,13 +471,14 @@ function uniqFast(items: string[]): string[] {
 function getAllReportErrors(report: OnyxEntry<Report>, reportActions: OnyxEntry<ReportActions>): OnyxCommon.Errors {
     const reportErrors = report?.errors ?? {};
     const reportErrorFields = report?.errorFields ?? {};
-    const reportActionErrors: OnyxCommon.ErrorFields = Object.values(reportActions ?? {}).reduce((prevReportActionErrors, action) => {
-        if (!action || isEmptyObject(action.errors)) {
-            return prevReportActionErrors;
-        }
+    const reportActionsArray = Object.values(reportActions ?? {});
+    const reportActionErrors: OnyxCommon.ErrorFields = {};
 
-        return Object.assign(prevReportActionErrors, action.errors);
-    }, {});
+    for (const action of reportActionsArray) {
+        if (action && !isEmptyObject(action.errors)) {
+            Object.assign(reportActionErrors, action.errors);
+        }
+    }
     const parentReportAction: OnyxEntry<ReportAction> =
         !report?.parentReportID || !report?.parentReportActionID ? undefined : allReportActions?.[report.parentReportID ?? '-1']?.[report.parentReportActionID ?? '-1'];
 
@@ -491,24 +492,23 @@ function getAllReportErrors(report: OnyxEntry<Report>, reportActions: OnyxEntry<
         if (ReportUtils.shouldShowRBRForMissingSmartscanFields(report?.reportID ?? '-1') && !ReportUtils.isSettled(report?.reportID)) {
             reportActionErrors.smartscan = ErrorUtils.getMicroSecondOnyxErrorWithTranslationKey('iou.error.genericSmartscanFailureMessage');
         }
-    } else if (ReportUtils.hasSmartscanError(Object.values(reportActions ?? {}))) {
+    } else if (ReportUtils.hasSmartscanError(reportActionsArray)) {
         reportActionErrors.smartscan = ErrorUtils.getMicroSecondOnyxErrorWithTranslationKey('iou.error.genericSmartscanFailureMessage');
     }
     // All error objects related to the report. Each object in the sources contains error messages keyed by microtime
-    const errorSources = {
-        reportErrors,
-        ...reportErrorFields,
-        ...reportActionErrors,
-    };
-    // Combine all error messages keyed by microtime into one object
-    const allReportErrors = Object.values(errorSources)?.reduce((prevReportErrors, errors) => {
-        if (isEmptyObject(errors)) {
-            return prevReportErrors;
-        }
+    // Use Object.assign to merge all error objects into one since it is faster and uses less memory than spread operator
+    // eslint-disable-next-line prefer-object-spread
+    const errorSources = Object.assign({}, reportErrors, reportErrorFields, reportActionErrors);
 
-        return Object.assign(prevReportErrors, errors);
-    }, {});
+    // Combine all error messages keyed by microtime into one object
+    const errorSourcesArray = Object.values(errorSources ?? {});
+    const allReportErrors = {};
 
+    for (const errors of errorSourcesArray) {
+        if (!isEmptyObject(errors)) {
+            Object.assign(allReportErrors, errors);
+        }
+    }
     return allReportErrors;
 }
 
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index bdc536ac2ad3..302abb6e6764 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -7088,16 +7088,22 @@ function canEditPolicyDescription(policy: OnyxEntry<Policy>): boolean {
  */
 function hasSmartscanError(reportActions: ReportAction[]) {
     return reportActions.some((action) => {
-        if (!ReportActionsUtils.isSplitBillAction(action) && !ReportActionsUtils.isReportPreviewAction(action)) {
+        const isReportPreview = ReportActionsUtils.isReportPreviewAction(action);
+        const isSplitReportAction = ReportActionsUtils.isSplitBillAction(action);
+        if (!isSplitReportAction && !isReportPreview) {
             return false;
         }
         const IOUReportID = ReportActionsUtils.getIOUReportIDFromReportActionPreview(action);
-        const isReportPreviewError = ReportActionsUtils.isReportPreviewAction(action) && shouldShowRBRForMissingSmartscanFields(IOUReportID) && !isSettled(IOUReportID);
+        const isReportPreviewError = isReportPreview && shouldShowRBRForMissingSmartscanFields(IOUReportID) && !isSettled(IOUReportID);
+        if (isReportPreviewError) {
+            return true;
+        }
+
         const transactionID = ReportActionsUtils.isMoneyRequestAction(action) ? ReportActionsUtils.getOriginalMessage(action)?.IOUTransactionID ?? '-1' : '-1';
         const transaction = allTransactions?.[`${ONYXKEYS.COLLECTION.TRANSACTION}${transactionID}`] ?? {};
-        const isSplitBillError = ReportActionsUtils.isSplitBillAction(action) && TransactionUtils.hasMissingSmartscanFields(transaction as Transaction);
+        const isSplitBillError = isSplitReportAction && TransactionUtils.hasMissingSmartscanFields(transaction as Transaction);
 
-        return isReportPreviewError || isSplitBillError;
+        return isSplitBillError;
     });
 }