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Software_Requirements_Specification

The document outlines a Software Requirements Specification (SRS) for an AI-driven Expense Tracking tool aimed at simplifying expense management and providing financial insights. It details the system's purpose, intended audience, project scope, and key features such as automated expense tracking, categorization, and predictive analytics. Additionally, it specifies functional and non-functional requirements, including security measures and compliance with financial regulations.

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Ann Merin Shaji
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
7 views

Software_Requirements_Specification

The document outlines a Software Requirements Specification (SRS) for an AI-driven Expense Tracking tool aimed at simplifying expense management and providing financial insights. It details the system's purpose, intended audience, project scope, and key features such as automated expense tracking, categorization, and predictive analytics. Additionally, it specifies functional and non-functional requirements, including security measures and compliance with financial regulations.

Uploaded by

Ann Merin Shaji
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Expense Tracker

Prepared by : 1. ANN MERIN


SHAJI
2. HANNA MARIAM JIBY
3. ANJANA JOMON
4. RASHNA RASHEED

Submitted to : HONEY JOHN


Lecturer

February 26, 2025

1
Contents
1 Introduction 3
1.1 Purpose . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1.2 Intended Audience and Reading Suggestions . . . . . . . . . . . . . . . . . 3
1.3 Project Scope . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

2 Overall Description 4
2.1 Product Perspective . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
2.2 User Classes and Characteristics . . . . . . . . . . . . . . . . . . . . . . . 4
2.3 Product Functions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
2.4 Operating Environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

3 System Features 5
3.1 Description and Priority . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
3.2 Functional Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

4 Other Nonfunctional Requirements 6


4.1 Performance Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . 6
4.2 Security Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
4.3 Software Quality Attributes . . . . . . . . . . . . . . . . . . . . . . . . . . 6
4.4 Business Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

5 Other Requirements 7

2
1 Introduction
1.1 Purpose
This document provides a detailed software requirements specification (SRS) for the
Expense Tracking tool with AI-driven analytics. The purpose of this system is to sim-
plify expense tracking, automate categorization, provide financial insights, and enhance
personal and business financial management.

1.2 Intended Audience and Reading Suggestions


This SRS is intended for developers, project managers, financial analysts, and end users
who will interact with the system. It provides functional and non-functional requirements
for understanding and developing the expense tracking system.

1.3 Project Scope


The Expense Tracker aims to provide users with an intelligent platform for managing
their expenses efficiently. The system offers:

• Manual and automated expense tracking

• Categorization of expenses

• Predictive analytics for financial insights

• Fraud detection and anomaly detection

• Cost optimization recommendations

3
2 Overall Description
2.1 Product Perspective
The Expense Tracker replaces traditional manual expense management with an AI-
driven platform. It automates data entry, enhances analytics, and provides insights to
help users make informed financial decisions.

2.2 User Classes and Characteristics


• Users: Individuals or businesses managing expenses.

• Administrators: Responsible for system maintenance and data security.

• Developers: Maintain and update the software.

2.3 Product Functions


• Expense tracking (manual and automated)

• AI-powered expense categorization

• Receipt processing using OCR and NLP

• Predictive analytics for future expenses

• Fraud detection and anomaly detection

• Data visualization for trends and insights

2.4 Operating Environment


The system will be web-based, accessible on modern browsers, and hosted on cloud
platforms like AWS, Azure, or Google Cloud.

4
3 System Features
3.1 Description and Priority
1. Expense Tracking: High-priority feature for users to log and manage expenses.

2. AI Categorization: Uses machine learning to classify expenses automatically.

3. Predictive Analytics: Forecasts future expenses and provides optimization sug-


gestions.

4. Fraud Detection: Identifies anomalies in spending patterns.

5. Data Visualization: Generates reports and graphs for analysis.

3.2 Functional Requirements


• Users should be able to manually input expenses.

• The system should categorize expenses automatically using AI.

• The system should process receipts using OCR and NLP.

• Predictive analytics should forecast future expenses.

• The system should generate reports and dashboards for insights.

5
4 Other Nonfunctional Requirements
4.1 Performance Requirements
The system should be able to process a high volume of transactions efficiently and
generate insights within seconds.

4.2 Security Requirements


User data should be encrypted and securely stored. Authentication mechanisms should
be implemented to prevent unauthorized access.

4.3 Software Quality Attributes


The system should be reliable, scalable, and maintainable. Regular testing should ensure
minimal downtime and maximum accuracy.

4.4 Business Rules


The system should comply with financial regulations and data privacy laws. Expense
categorization should align with standard accounting practices.

6
5 Other Requirements
The system should be flexible for future enhancements, such as integrating with banking
APIs and accounting software.

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