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After uninstalling the Report Professional, this time I reinstalled Instant Reports only without the Report Server. I don't get the error 5185 anymore.

The Medisoft Advanced works with the Report Professional allowing me to edit a report.

Now my question is how to get automatic Reports generation?

One can create a Report & put a scheduled time such as daily for report generation when using Medisoft Network Professional in conjunction with Report Server.

How would I do such automatic report generation with the Medisoft Advanced?

There should also be an option to install Reports Pro Client and Server. You need to install both and then you can schedule a report.

I'm already doing this in https://billingfreedom.com/ to generate auto reports for my clients