I have usually come across the payment terms like N30, N90, V30, V60, V90 SPEC and SPET
N starts for Net.
V ?
and I have seen the terms on the PO screen as well as on Vendor screen i.e FK03, who determines and enters. for PO and Vendor data.
I have come across vendors complaining that the payments terms that they have selected

At the time of invoice processing, for some payment terms like V terms, we manually enter baseline date like adding 10 days to the invoice date, scan date of the invoice e.t.c while for the other terms like N, the system automatically pulls 10+ date of the invoice or scan date.

What is the role or purpose of this base line date? Does it helps in attaining the Net Due date?

Who creates and determines the vendor codes, to which the invoices are processed to, in the SAP?
What are the scenarios, where we need buyer intervention or approval is required to edit or delete the vendor code
Scenarios where vendor code is marked for deletion? If invoice processed to these types of codes, the invoice gets posted but the payment will not release right?

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