Overview of Anytime Pay for the US

With Anytime Pay, you can provide your employees with immediate access to a portion of their pay. It's a form of Early Wage Access and is based on the number of hours the employee has worked in the current payroll period.

Anytime Pay is a simple way for employees to check their available net pay and submit a request with the confidence the funds will be remitted to their account in a timely manner.

What It Does

Here's what happens when an employee starts the Request Pay Advance task.

As soon as they start the task, it checks to ensure the person is eligible for advance payments.

If not, they will get a message explaining the situation.
If the person is entitled, it performs an Estimated QuickPay process that calculates how much money they have available for advance payment.

This is based on the hours they have already worked. The process uses element entries you imported from your time management system, such as Oracle Fusion Time and Labor.
The page shows the person the number of hours they have worked so far and how much they have available for advance payment.
The employee enters an amount and submits their request.
This starts a payroll flow process.

This process performs a complete payroll run for the employee that includes QuickPay, prepayment, payroll archive, EFT payments, and the payslip. Because the request is for a net amount, the QuickPay performs a gross-up calculation to include the relevant taxes

When the flow completes, the employee receives a notification informing them that their request has been processed.
At the end of your pay period, your mainline payroll run recalculates the employee's pay, taking into account the advance received.

For further info, see How the Anytime Pay Flow Processes Payments for the US in the Help Center.

How Flexible Is It

You can configure Anytime Pay to meet all of your organization's requirements, such as:

When and who can request payment
How it calculates the available net
How many requests an employee can make

For further info, see Overview of Anytime Pay Configuration for the US in the Help Center.

Some Things to Consider

There are some things you can do to help Anytime Pay do its job.

Here's a consideration	What you need to do
Employee eligibility	The person's submission must meet the eligibility criteria. They must be eligible to request an advance payment, such as having enough pay available or not being in a blackout period.
What hours are available	The person must have worked eligible hours during the pay period and created a time card. Their time card must have been submitted and approved. You must have imported these hours into payroll from your time management system, such as Oracle Fusion Time and Labor. Anytime Pay can only process earnings that are available for payroll processing. If you haven't imported your time entries, Anytime Pay can't see them.
What earnings are eligible	You tell Anytime Pay what Earnings elements it uses when estimating the available pay. .Include the earnings you import from your time management system. You may want to also include other earnings types, such as salary and bonus pay.
What deductions are eligible	By default, Anytime Pay withholds the appropriate taxes and grosses up the advance payments, so the employees get the payments they expect. But you can choose to include other deductions in Anytime Pay's calculations as well.

For further info, see the following in the Help Center.

Configure Anytime Pay Run Type Usages for the US
How the Anytime Pay Flow Processes Payments for the US
Overview of Anytime Pay Configuration for the US

Check Here for Further Info

Before you can use Anytime Pay, you must be familiar with some key Oracle Cloud concepts and functionality, such as:

HCM Data Loader
Eligibility profiles
Flows
Individual Compensation Plans
Run types

For further info, see the following in the Help Center.

HCM Integrations and Data Loading
Implementing Payroll for the United States
Implementing Time and Labor