diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index 47841816c..9760606aa 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -26,6 +26,10 @@ nav_order: 5
 
     *Reegan Viljoen*
 
+* Updates ActionText compatibility documentation to reference `rich_textarea_tag` for Rails 8.0 support.
+
+    *Alvin Crespo*
+
 ## 3.20.0
 
 * Allow rendering `with_collection` to accept an optional `spacer_component` to be rendered between each item.
diff --git a/docs/compatibility.md b/docs/compatibility.md
index ded7dfd13..37653886e 100644
--- a/docs/compatibility.md
+++ b/docs/compatibility.md
@@ -37,12 +37,12 @@ With the monkey patch disabled, use `render_component` (or  `render_component_to
 
 ## ActionText
 
-Using `rich_text_area` from ActionText in a ViewComponent will result in this error:
+Using `rich_textarea` from ActionText in a ViewComponent will result in this error:
 
-`undefined method "rich_text_area_tag"`
+`undefined method "rich_textarea_tag"`
 
 This is due to ViewComponent not having access to the helpers it needs via ActionText. As a workaround, add the following to your component (or base component):
 
 ```ruby
-delegate :rich_text_area_tag, to: :helpers
+delegate :rich_textarea_tag, to: :helpers
 ```