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Buy nowHello EZVik,
Yes, the Set email schedule option is only available in QuickBooks Online Essentials, Plus, and Advanced versions.
Based, on your screenshot,, you're likely using the Simple Start version. You might want to upgrade your subscription to have this feature.
Aside from that, you'll be able to access more reports and other features that can help you manage your business. Here's a list of reports you can access based on your subscription: Reports included in your QuickBooks Online subscription.
If you don't want to upgrade your subscription, you can manually email the report manually.
Links that can help you customize the reports were already provided on the earlier responses. You can browse them to know more.
Keep us posted if you require more assistance with this.