diff --git a/.claude/settings.local.json b/.claude/settings.local.json
index 3e86984..55581b9 100644
--- a/.claude/settings.local.json
+++ b/.claude/settings.local.json
@@ -28,7 +28,8 @@
       "Bash(git commit -q -m 'fix: guard task status updates on invoice lifecycle transitions *)",
       "Bash(vercel ls *)",
       "Bash(vercel --prod)",
-      "Bash(git commit -q -m 'feat: add Sub Billing column to billing report \\(sub invoiced/paid per version\\) *)"
+      "Bash(git commit -q -m 'feat: add Sub Billing column to billing report \\(sub invoiced/paid per version\\) *)",
+      "Bash(git commit -q -m 'fix: report Version Status collapses Approved into Completed *)"
     ]
   }
 }
diff --git a/src/pages/team/TeamReports.jsx b/src/pages/team/TeamReports.jsx
index 035ba71..522d4a8 100644
--- a/src/pages/team/TeamReports.jsx
+++ b/src/pages/team/TeamReports.jsx
@@ -42,9 +42,9 @@ function versionStateFor(task, versionNumber) {
   const version = Number(versionNumber || 0);
   if (version < currentVersion) return 'completed';
   const status = task?.status || 'not_started';
-  // invoiced/paid are billing states (legacy leak) — collapse to the work state
-  // they imply. Billing is shown separately in the Billing column.
-  if (status === 'invoiced' || status === 'paid') return 'client_approved';
+  // Approved work = done. client_approved (and legacy invoiced/paid billing leak)
+  // all collapse to Completed. Billing is shown separately in the Billing columns.
+  if (status === 'client_approved' || status === 'invoiced' || status === 'paid') return 'completed';
   return status;
 }
 
@@ -280,7 +280,7 @@ export default function TeamReports() {
           row.task_title,
           row.version_label,
           row.version_type,
-          row.version_state === 'client_review' ? 'In Review' : row.version_state === 'client_approved' ? 'Approved' : row.version_state.replace(/_/g, ' '),
+          row.version_state === 'client_review' ? 'In Review' : row.version_state === 'completed' ? 'Completed' : row.version_state.replace(/_/g, ' '),
           row.billing_label,
           row.sub_billing_label,
         ]),