31

Software Requirements Specification (SRS) for Emergency Fund Calculator

Introduction

Purpose:

The purpose of this document is to outline the requirements for the development of an Emergency Fund Calculator application. This application guides users in calculating the recommended emergency fund based on their expenses, helping them establish a financial safety net.

Scope:

The Emergency Fund Calculator will provide users with a tool to assess their monthly expenses and calculate an appropriate emergency fund based on a predefined safety margin. Users will input details such as monthly living expenses, loan payments, and other financial obligations, and the system will calculate and display the recommended emergency fund amount.

System Overview

System Description:

The Emergency Fund Calculator will be a web-based application accessible through a browser. It aims to assist users in making informed financial decisions by providing a personalized recommendation for their emergency fund based on their specific financial situation.

System Architecture:

The application will follow a client-server architecture, with the client being the web browser and the server handling the emergency fund calculation logic.

Functional Requirements

 Use Cases:

Calculate Emergency Fund:

  • Users can input details such as monthly living expenses, loan payments, and other financial obligations.
  • The system will calculate and display the recommended emergency fund amount based on a predefined safety margin.

Functional Requirements:

Input:

The system shall accept the following input:

  • Monthly Living Expenses (in INR)
  • Loan Payments (in INR)
  • Other Financial Obligations (in INR)

Calculation:

  • The system shall calculate the recommended emergency fund amount based on the provided input and a predefined safety margin.

Output:

  • The system shall display the recommended emergency fund amount to the user.

Non-Functional Requirements:

  • The system should provide a response time of under 3 seconds.
  • The application should be accessible on common web browsers (Chrome, Firefox, Safari).

External Interface Requirements

User Interfaces:

  • The user interface shall include input fields for monthly living expenses, loan payments, and other financial obligations, along with a “Calculate” button.
  • The calculated recommended emergency fund amount shall be displayed prominently.

Hardware Interfaces:

  • The system should be compatible with standard computing hardware.

Software Interfaces:

  • The application shall be developed using HTML, CSS, and JavaScript.
  • The server-side logic can be implemented using a backend framework (e.g., Node.js, Django).

Communication Interfaces:

  • The application will communicate with the server for the emergency fund calculation and display of results.

Performance Requirements

Response Time:

The system should respond within 3 seconds for a typical user input.

Throughput:

The application should handle at least 50 simultaneous users.

System Constraints

Regulatory Requirements:

The application should comply with relevant financial regulations.

Hardware Limitations:

The system should be compatible with devices with standard web-browsing capabilities.

Security Requirements

Authentication:

The application may or may not require user authentication, depending on whether users want to save their emergency fund calculation data.

Data Protection:

If authentication is implemented, user data should be stored securely.

Quality Attributes

Reliability:

The application should produce accurate results based on the provided input.

Maintainability:

The code should be well-documented for ease of maintenance.

Usability:

The user interface should be intuitive, requiring minimal guidance.

Testing Requirements

Test Cases:

Test cases should cover various scenarios with different monthly living expenses, loan payments, and other financial obligations to ensure accurate recommended emergency fund calculations.

Test Case 1:

  • Inputs: Monthly Living Expenses = 30,000 INR, Loan Payments = 10,000 INR, Other Financial Obligations = 5,000 INR.
  • Expected Output: Recommended Emergency Fund ≈ 72,000 INR

Test Case 2:

  • Inputs: Monthly Living Expenses = 50,000 INR, Loan Payments = 15,000 INR, Other Financial Obligations = 7,000 INR.
  • Expected Output: Recommended Emergency Fund ≈ 120,000 INR

Test Case 3:

  • Inputs: Monthly Living Expenses = 20,000 INR, Loan Payments = 5,000 INR, Other Financial Obligations = 3,000 INR.
  • Expected Output: Recommended Emergency Fund ≈ 48,000 INR

Acceptance Criteria:

The application is considered successful if it produces correct recommended emergency fund amounts based on the provided financial inputs.

Project Timeline

Milestones:

Design, Development, Testing, Deployment.

Development Phases:

Frontend development, Backend development, Testing, Deployment.

Glossary

None

Database Structure

Tables:

Emergency_Fund_Calculator_Records:

  • RecordID (Primary Key, Auto-increment)
  • MonthlyLivingExpenses (Decimal)
  • LoanPayments (Decimal)
  • OtherFinancialObligations (Decimal)
  • RecommendedEmergencyFund (Decimal)
  • CalculationDate (DateTime)

Conclusion

This extended SRS document provides a more detailed overview of the Emergency Fund Calculator application, including the database structure and additional test cases. It should be reviewed and approved by relevant stakeholders before proceeding with the development phase.

131 comments

  1. hey there and thank you for your information – I’ve certainly picked up something
    new from right here. I did however expertise some technical points using this web site,
    since I experienced to reload the website lots of times previous to
    I could get it to load properly. I had been wondering if your hosting is OK?
    Not that I’m complaining, but slow loading instances times
    will sometimes affect your placement in google and can damage your high-quality score if advertising and marketing
    with Adwords. Well I am adding this RSS to my e-mail and can look out for a lot more of your respective intriguing
    content. Make sure you update this again very soon..

    Lista escape roomów

  4. After looking over a handful of the articles on your blog, I really appreciate your technique of writing a blog. I bookmarked it to my bookmark website list and will be checking back soon. Please visit my website too and tell me how you feel.

  5. Spot on with this write-up, I truly think this amazing site needs much more attention. I’ll probably be back again to read through more, thanks for the info.

  6. An interesting discussion is worth comment. I think that you ought to publish more on this issue, it might not be a taboo subject but generally people don’t speak about such subjects. To the next! Cheers.

  8. Next time I read a blog, I hope that it won’t fail me as much as this one. I mean, I know it was my choice to read through, however I genuinely believed you’d have something interesting to talk about. All I hear is a bunch of complaining about something that you can fix if you weren’t too busy looking for attention.

  10. Oh my goodness! Awesome article dude! Many thanks, However I am having issues with your RSS. I don’t know why I can’t join it. Is there anyone else having identical RSS problems? Anyone that knows the answer will you kindly respond? Thanks!!

  11. Right here is the perfect web site for anyone who would like to find out about this topic. You understand so much its almost tough to argue with you (not that I actually will need to…HaHa). You certainly put a brand new spin on a subject which has been discussed for ages. Excellent stuff, just wonderful.

  16. This is a good tip particularly to those new to the blogosphere. Simple but very accurate info… Appreciate your sharing this one. A must read article!

  18. I have to thank you for the efforts you’ve put in writing this website. I really hope to check out the same high-grade content by you later on as well. In truth, your creative writing abilities has inspired me to get my own site now 😉

  21. Great site you’ve got here.. It’s hard to find excellent writing like yours these days. I seriously appreciate people like you! Take care!!

  24. Integrating Sugar Defender right into my everyday routine overall wellness.
    As a person that prioritizes healthy consuming, I appreciate the extra defense this supplement provides.
    Considering that beginning to take it, I’ve observed
    a marked enhancement in my energy levels and a considerable reduction in my wish for undesirable treats such a such an extensive impact on my life.

  25. After looking into a number of the articles on your web site, I really like your technique of writing a blog. I added it to my bookmark website list and will be checking back in the near future. Take a look at my web site too and let me know your opinion.

  28. Hi there! Do you know if they make any plugins to help with SEO?
    I’m trying to get my site to rank for some targeted keywords
    but I’m not seeing very good success. If you know of
    any please share. Appreciate it! You can read similar article here:
    Bij nl

  29. Hi, I do believe this is an excellent website. I stumbledupon it 😉 I will revisit once again since I book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.

  30. I blog quite often and I seriously appreciate your information. This article has truly peaked my interest. I am going to bookmark your blog and keep checking for new information about once a week. I subscribed to your Feed too.

  31. An intriguing discussion is worth comment. There’s no doubt that that you ought to publish more on this subject matter, it may not be a taboo subject but generally people don’t talk about these issues. To the next! Many thanks.

  32. Having read this I thought it was rather enlightening. I appreciate you spending some time and energy to put this short article together. I once again find myself personally spending a lot of time both reading and leaving comments. But so what, it was still worthwhile.

  34. I was more than happy to discover this web site. I need to to thank you for your time due to this fantastic read!! I definitely appreciated every part of it and I have you bookmarked to see new things on your blog.

  37. Having read this I thought it was really informative. I appreciate you finding the time and energy to put this content together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!

  38. A fascinating discussion is definitely worth comment. There’s no doubt that that you need to write more on this subject matter, it might not be a taboo matter but usually people don’t talk about these issues. To the next! Cheers!

  39. Good day! I just want to give you a huge thumbs up for your excellent info you have got here on this post. I will be coming back to your website for more soon.

  42. Good day! I simply wish to give you a huge thumbs up for the great information you have right here on this post. I’ll be coming back to your web site for more soon.

  43. An outstanding share! I’ve just forwarded this onto a coworker who had been conducting a little research on this. And he actually ordered me dinner due to the fact that I stumbled upon it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to discuss this matter here on your web page.

  44. A motivating discussion is worth comment. There’s no doubt that that you ought to write more on this subject, it might not be a taboo subject but typically people don’t speak about such issues. To the next! Best wishes.

  45. An interesting discussion is worth comment. There’s no doubt that that you ought to publish more on this topic, it may not be a taboo matter but generally folks don’t speak about these topics. To the next! Kind regards!

  47. Oh my goodness! Impressive article dude! Thank you so much, However I am encountering issues with your RSS. I don’t know why I can’t subscribe to it. Is there anyone else having similar RSS problems? Anyone who knows the solution can you kindly respond? Thanks!!

  48. Right here is the right blog for everyone who really wants to find out about this topic. You realize so much its almost tough to argue with you (not that I personally would want to…HaHa). You definitely put a brand new spin on a topic which has been written about for many years. Great stuff, just wonderful.

  49. I absolutely love your website.. Great colors & theme. Did you develop this amazing site yourself? Please reply back as I’m attempting to create my very own website and would like to know where you got this from or what the theme is called. Thanks.

  52. Hi, I do believe this is a great website. I stumbledupon it 😉 I will come back yet again since I bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  55. I blog often and I really thank you for your content. This great article has really peaked my interest. I am going to book mark your site and keep checking for new information about once a week. I subscribed to your Feed too.

  57. Can I just say what a comfort to uncover someone that actually understands what they’re talking about over the internet. You definitely realize how to bring an issue to light and make it important. More people have to look at this and understand this side of your story. I can’t believe you’re not more popular given that you certainly have the gift.

  58. Howdy! This post couldn’t be written any better! Reading through this post reminds me of my previous roommate! He constantly kept preaching about this. I will send this post to him. Pretty sure he will have a very good read. Many thanks for sharing!

  62. I’m amazed, I must say. Rarely do I encounter a blog that’s equally educative and entertaining, and let me tell you, you have hit the nail on the head. The issue is something too few people are speaking intelligently about. I am very happy I found this in my search for something concerning this.

  64. I blog often and I seriously thank you for your content. The article has really peaked my interest. I will take a note of your website and keep checking for new information about once a week. I opted in for your RSS feed too.

  69. I blog frequently and I seriously appreciate your information. The article has really peaked my interest. I will take a note of your website and keep checking for new details about once per week. I subscribed to your Feed as well.

  71. After checking out a few of the blog posts on your website, I honestly appreciate your way of writing a blog. I saved it to my bookmark website list and will be checking back soon. Please visit my website too and let me know what you think.

  73. Hi, I do believe this is an excellent blog. I stumbledupon it 😉 I’m going to return once again since I book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  74. Nice post. I learn something new and challenging on blogs I stumbleupon everyday. It’s always exciting to read articles from other authors and practice something from their websites.

  77. Hello there, I believe your website may be having internet browser compatibility problems. When I take a look at your site in Safari, it looks fine however, when opening in IE, it’s got some overlapping issues. I just wanted to give you a quick heads up! Besides that, fantastic site.

  78. I absolutely love your site.. Very nice colors & theme. Did you build this web site yourself? Please reply back as I’m wanting to create my own website and would like to know where you got this from or what the theme is called. Appreciate it!

  81. Having read this I believed it was rather informative. I appreciate you finding the time and energy to put this information together. I once again find myself personally spending a lot of time both reading and commenting. But so what, it was still worthwhile.

  82. Hi there! This article could not be written much better! Looking at this article reminds me of my previous roommate! He continually kept preaching about this. I will forward this article to him. Pretty sure he’s going to have a very good read. I appreciate you for sharing!

  86. Can I simply say what a comfort to discover someone that truly knows what they’re discussing online. You definitely realize how to bring a problem to light and make it important. A lot more people need to read this and understand this side of the story. I was surprised that you aren’t more popular given that you certainly have the gift.

  88. I wanted to thank you for this fantastic read!! I definitely enjoyed every little bit of it. I’ve got you book-marked to check out new things you post…

  94. Aw, this was a very nice post. Taking a few minutes and actual effort to produce a very good article… but what can I say… I put things off a whole lot and never manage to get nearly anything done.

  95. An impressive share! I have just forwarded this onto a coworker who was doing a little homework on this. And he in fact bought me dinner due to the fact that I discovered it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanx for spending time to talk about this matter here on your website.

  96. An impressive share! I’ve just forwarded this onto a coworker who was conducting a little research on this. And he actually ordered me lunch simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending time to talk about this matter here on your web page.

  97. Spot on with this write-up, I truly think this web site needs much more attention. I’ll probably be back again to read more, thanks for the information.

  98. I blog frequently and I genuinely thank you for your information. This article has really peaked my interest. I am going to book mark your site and keep checking for new information about once a week. I subscribed to your RSS feed as well.

  100. Spot on with this write-up, I absolutely think this website needs a great deal more attention. I’ll probably be returning to see more, thanks for the advice.

  108. Hi there! This blog post couldn’t be written much better! Reading through this article reminds me of my previous roommate! He always kept talking about this. I will forward this article to him. Pretty sure he’s going to have a great read. Many thanks for sharing!

  109. I’m impressed, I have to admit. Rarely do I come across a blog that’s both equally educative and engaging, and let me tell you, you’ve hit the nail on the head. The issue is something which not enough people are speaking intelligently about. I’m very happy I stumbled across this in my hunt for something concerning this.

  112. A fascinating discussion is worth comment. I believe that you need to write more about this subject, it may not be a taboo subject but typically people don’t talk about these topics. To the next! Best wishes!

  114. I have to thank you for the efforts you’ve put in writing this website. I really hope to check out the same high-grade blog posts by you later on as well. In fact, your creative writing abilities has inspired me to get my very own website now 😉

  117. I’m impressed, I must say. Rarely do I encounter a blog that’s both equally educative and entertaining, and without a doubt, you’ve hit the nail on the head. The issue is an issue that too few men and women are speaking intelligently about. Now i’m very happy I stumbled across this during my hunt for something regarding this.

  119. You made some really good points there. I checked on the web for additional information about the issue and found most individuals will go along with your views on this website.

  121. Great web site you’ve got here.. It’s hard to find high-quality writing like yours nowadays. I honestly appreciate individuals like you! Take care!!

  124. Greetings, I think your blog could possibly be having web browser compatibility problems. When I look at your site in Safari, it looks fine however, if opening in Internet Explorer, it’s got some overlapping issues. I just wanted to provide you with a quick heads up! Other than that, fantastic site!

  125. I blog quite often and I truly appreciate your content. This article has truly peaked my interest. I am going to bookmark your site and keep checking for new details about once a week. I subscribed to your Feed as well.

  126. After going over a number of the blog posts on your blog, I truly appreciate your way of blogging. I bookmarked it to my bookmark site list and will be checking back in the near future. Please visit my website as well and tell me how you feel.

  130. Hi there, I do believe your site may be having browser compatibility issues. Whenever I look at your website in Safari, it looks fine however, if opening in IE, it’s got some overlapping issues. I just wanted to give you a quick heads up! Other than that, fantastic website.

  131. Nice post. I learn something new and challenging on sites I stumbleupon every day. It will always be helpful to read content from other writers and use a little something from their websites.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
46

Software Requirements Specification (SRS) for EMI Calculator

Software Requirements Specification (SRS) for EMI Calculator Introduction Purpose: The purpose of…
6

Software Requirements Specification (SRS) for Loan Tenure Calculator

Software Requirements Specification (SRS) for Loanecur Tenure Calculator Introduction Purpose: The purpose…
38 1

Software Requirements Specification (SRS) for Home Loan EMI Calculator

Software Requirements Specification (SRS) for Home Loan EMI Calculator Introduction Purpose: The…
38

Software Requirements Specification (SRS) for Car Loan EMI Calculator

Software Requirements Specification (SRS) for Car Loan EMI Calculator Introduction Purpose: The…