nrgymover,
1 week is normally not a problem unless your site gets a lot of calls; like a call center.
Look at the picture I have attached and maybe that will make more sense. The reporting tab is to the far right when you are connected to the system. If you don't have that tab then you will need to upgrade your System and System Administration and Diagnostics in order to get it. I believe this functionality started at about version 5.0 and had added features since then.
Thanks,
TE