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Eric discusses the concept of mandatory fields in Business Central, indicating that fields with a red asterisk next to them are required. While it may seem optional, there are indications that filling out these fields is necessary. Eric receives questions on this topic frequently, prompting him to create a video tutorial. He demonstrates this concept using the customer table, showing that certain fields like name and text area code are mandatory. However, there are exceptions where a field may not need to be filled out, such as when a customer is not tax liable.