ORACLE NETSUITE: ADDITION OF A SUBSIDIARY, ACCOUNTING PERIOD SETUP & CREATION OF CUSTOM RECORDS.

We have purchased the Netsuite license in the name of our Singapore (SG) entity and the currency is USD & country is Singapore but now we want to add a subsidiary which is based in Hong Kong (HK) and the new setup should be that the HK entity becomes the parent and the SG entity is the child.

Apart from the above-mentioned we also need guidance on the accounting period setup and creation of few custom records.