Invalid field &1 assigned to Distribution &2/&3 in Distribution Rule &4

What causes this issue?

The Rule-Based Account Distribution Rule is configured to populate the
identified field; however, this field does not exist in the account
assignment structure FMSPLIT_DERIVE.

System Response

Distribution processing ends with this error message.

How to fix this error?

The distribution rule definition must be corrected to provide only
valid field names in the distributions.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.