No account fulfils the selection conditions

What causes this issue?

No account exists that fulfills the selection criteria you specified
for the account number and company code.

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?

Check the validity of your entries. It may be that the master data
records for the required account have not been created yet, or have
been deleted.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.