Expense Tracking: Allow users to track and categorize their expenses.
Income Management: Enable users to record and manage their income sources.
Budget Planning: Provide tools for users to set and monitor budget goals.
Financial Reporting: Generate reports and visualizations on income, expenses, and budget adherence.
Alerts and Notifications: Notify users about budget limits, upcoming bills, and financial milestones.
User Management: Manage user accounts and access levels.
2. Functional Requirements
Expense Tracking:
Expense Entry: Allow users to enter details of each expense, including amount, category, date, and notes.
Expense Categorization: Enable users to categorize expenses into predefined or custom categories.
Recurring Expenses: Support for managing recurring expenses (e.g., monthly subscriptions).
Income Management:
Income Entry: Allow users to record details of their income sources, including amount, category, date, and notes.
Income Categorization: Enable users to categorize income into predefined or custom categories.
Recurring Income: Support for managing recurring income (e.g., salary, rental income).
Budget Planning:
Budget Creation: Allow users to create budgets for various categories (e.g., groceries, entertainment) with spending limits.
Budget Tracking: Monitor actual spending against budgeted amounts and provide insights on adherence.
Adjustments: Enable users to adjust budgets and spending limits as needed.
Financial Reporting:
Reports: Generate detailed reports on income, expenses, and budget adherence.
Visualizations: Provide charts and graphs to visualize financial data and trends (e.g., pie charts for expense categories, line graphs for spending over time).
Export Options: Allow users to export reports in formats like PDF, CSV, or Excel.
Alerts and Notifications:
Budget Alerts: Notify users when they approach or exceed their budget limits.
Bill Reminders: Send reminders for upcoming bills or recurring payments.
Milestone Notifications: Notify users when they reach financial milestones or goals.
User Management:
Account Creation: Allow users to create and manage their accounts.
Profile Management: Enable users to manage personal information and account settings.
Multi-User Support: Allow multiple users to manage shared budgets or expenses (e.g., household budgets).
3. Non-Functional Requirements
Usability: Intuitive and user-friendly interface for entering and managing financial data.
Performance: Efficient handling of data entry, report generation, and notifications.
Scalability: Ability to handle an increasing number of users and data entries.
Security: Secure handling of user data, including financial information and personal details.
Reliability: High system uptime and robustness to ensure continuous access and functionality.
4. Technology Stack
Front-End: Technologies for user interface development (e.g., HTML, CSS, JavaScript, frameworks like React or Angular).
