Best Practice for FICA refunds and taxable gross balances

What is the best practice for refunding FICA amounts that were withheld from an employee in error?  The employee should have been exempt from FICA but they were setup as 'subject'.  The employee had several checks issued in which FICA was withheld.  Currently, the process is to update the employees JOB record to reflect the correct FICA status, refund the taxes and adjust the tax balances manually. Is there a delivered method in PeopleSoft where the FICA amounts can be refunded without having to update the balances manually?   

Thank you,