The acoustic approximation, even for anisotropic media, is widely used in current industry imaging and inversion algorithms mainly because P-waves constitute the majority of the energy recorded in seismic exploration. The resulting acoustic formulas tend to be simpler, resulting in more efficient implementations, and depend on less medium parameters. However, conventional solutions of the acoustic wave equation with higher-order derivatives suffer from S-wave artifacts. Thus, we propose to separate the quasi-P wave propagation in anisotropic media into the elliptic anisotropic operator (free of the artifacts) and the non-elliptic-anisotropic components, which form a pseudo-differential operator. We, then, develop a separable approximation of the dispersion relation of non-elliptic-anisotropic components, specifically for transversely isotropic (TI) media. Finally, we iteratively solve the simpler lower-order elliptical wave equation for a modified source function that includes the non-elliptical terms represented in the Fourier domain. A frequency domain Helmholtz formulation of the approach renders the iterative implementation efficient as the cost is dominated by the Lower-Upper (LU) decomposition of the impedance matrix for the simpler elliptical anisotropic model. Also, the resulting wavefield is free of S-wave artifacts and has balanced amplitude. Numerical examples show that the method is reasonably accurate and efficient.