Field &: Component type or domain used not active or does not exist

What causes this issue?

The corresponding row type for a field or the underlying domain for for
a data element is not active in the Dictionary or does not exist.

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?

Go to the type maintenance or domain maintenance screen and activate
the object or create the object and activate it.

Error message extract from SAP system. Copyright SAP SE.