Log can not be saved. Activity terminated

What causes this issue?

The system could not save the log for collective processing. The
activities carried out by the system cannot be tracked if the log is
missing. Therefore, the current activity has been terminated on
purpose.
Reasons for the log error may include technical problems (the object or
sub-object of the so-called Application Log in which the log is saved
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?

Error message extract from SAP system. Copyright SAP SE.