Once the event name and the optional event action is entered and weekly frequency is selected, you’ll see the following page from the New Event Wizard.
Here you select the hour of the day that you want the event to trigger and the day of the week. In this example, 11:00PM on Monday. As you can see, you could also specify that the event trigger hourly, or at multiple hour intervals, on one or more designated days.
When complete, click the Finish button to complete the creation of the cron event.