Error in account determination: table & key & &

What causes this issue?

In the chart of accounts you are using, no rule was found for the
account key for determining the accounts to be posted to.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

INCLUDE NA_SYSADMIN1

Procedure for System Administrators

Define the account determination rules for the specified account key in
Customizing for taxes on sales/purchases.
INCLUDE FI_NA_F5

Error message extract from SAP system. Copyright SAP SE.