Updated the tax rate but the AR transaction tax rate has not been update

Summary

Updated the value of the tax rate setup for one country but the transaction (invoice) tax amount did not update

Content

We have created a future dated transaction that has a tax rate (standard tax). However the tax rate setup was incorrect so we updated the tax rate with start date as current date.

Now we have check the transaction again but it's not reflecting the newly updated tax rate even though the transaction date is future dated.

 Is there a job/process that needs to be run to reflect the correct tax?

 

Thank you!