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In this video tutorial, Abdullah Al explains how to configure field statuses in SAP S/4HANA, specifying which fields are mandatory, optional, or hidden. He demonstrates this configuration using transactions related to general ledger master data and financial accounting posting, starting with the general ledger master data transaction (FS00). The tutorial also covers common issues arising from incorrect field status configurations. Abdullah invites viewers to subscribe to his channel for more insights into SAP and business processes, emphasizing that the concept of field status remains consistent across various SAP modules.