New GL Concept -Pre requisites & consequences

Hi,
Right now my client doesnot have New GL Concept,Now they wanted to plan at GL Account level and see the variancce report GL Account wise.
If i activate the New GL Concept now,what will happen? any conflicts between existing setup? what are the steps do i need to do if i wanted to do New GL Concept? Please guide me what are the Do's and Don's?
Kindly advice me..
Thanks
Supriya

hii..
Check this link
www.saptechies.com/ecc-60-new-gl-functionality-and-general-faq/
Regards,
Aakash

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