Larsen & Toubro Limited RCM Specialist Interview Questions and Answers

Q1. Self introduction
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Q1. About yourself & Educational career
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DI LR questions were asked mostly

Q1. It was a generic human resource interview
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Q1. The first round was technical and it was a hard round as your concept of sap should be clear
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Q2. Why do u maintain Reconcilation a/c?
Ans. 
Reconciliation accounts are maintained to ensure accuracy and consistency in financial records.
• Helps in identifying discrepancies between different accounts

• Ensures accuracy and consistency in financial statements

• Facilitates easy tracking of transactions and balances

• Aids in detecting errors or fraud in accounting records
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Q3. FI MM Integration, FI SD Integration?
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Q4. What we maintain on company code lvl and client level and why?
Ans. 
Company code level is maintained for global settings applicable to all clients, while client level is maintained for specific settings unique to each client.
• Company code level settings include currency, chart of accounts, and fiscal year variants.

• Client level settings include customer master data, vendor master data, and sales organization data.
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Q5. Phases of blueprint, tables
Ans. 
Blueprint phases include planning, designing, and implementation. Tables are used to organize data in a structured format.
• Blueprint phases: planning, designing, implementation

• Tables: organize data in structured format

• Examples: creating a blueprint for a new building, using tables in a database to store information
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Q1. Manager round some kind of behavioural check and some technical question asked as they give u scenerio about the work and some accounting questions
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Q2. General Entries, P2P, OTC, RTR
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Q3. What bank Reconcilation and validations
Ans. 
Bank reconciliation involves comparing the bank statement with the company's records to ensure they match, while validations involve verifying the accuracy and completeness of financial transactions.
• Bank reconciliation ensures that the company's records match the bank statement by comparing deposits, withdrawals, and other transactions.

• Validations involve verifying the accuracy and completeness of financial transaction...read more
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Q1. The last round was hr
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Q2. Some kind of behavioural check, salary discussions, terms and conditions but one thing here the hr round is not a formality round as u have to give full impression over there dont take it simple
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