Trigger when section

The value selected in the Trigger When section specifies when a time-based action is performed.
Immediately
For each record returned from the Records section, the specified state action is performed on the record and the record is transitioned. The act of performing the state action also posts the corresponding event to the WF_EVENT table, where a workflow agent processes it and runs any asynchronous workflows registered for the combination of the business object and event.
Later

For each record returned from the Records section, performance of the specified state action is delayed until the specified time.

At runtime, the platform stores the action information in the WF_FUTURE_EVENT table. The workflow future agent picks it up at the specified time, posts it to the current WF_EVENT table, and tags it as an action. A workflow agent processes it as described in Immediately, and the record is transitioned.

After an action is posted to be performed in the future, it is no longer tied to the originating workflow. The originating workflow does not wait for a future action to complete. If the future action fails when it runs, the errors do not reflect in the results of the original workflow. Errors during the execution of future actions are written to the appropriate server log file.
Clear Existing Future Actions
When this property is selected, at runtime similar actions that exist in the WF_FUTURE_EVENT table based on the action name and record Id combinations are deleted before new future actions for the specified records are inserted.
From Task Result field and Date Time field
Together, the values in the From Task Result property and the Date Time field property determine when in the future the specified state action occurs. The From Task Result drop-down list shows tasks that are prior to this task in the workflow. The Date Time field only shows the Date and Time fields of the business object defined in the task identified in the From Task Result property.
Clear Existing Future Actions
For each record returned from the Records section, no state action is performed. Existing future trigger actions are removed from the WF_FUTURE_EVENT table.