Kingfisher School of Business and Finance

Lucao District, Dagupan City

2nd Semester AY 2017-2018

IT 16

REQUIREMENT ANALYSIS

(Ramsay’s Kitchen)

Submitted by:

Agpoon, Christian Paul

Llanillo, Justin Kinnith

Morales, Paulino Paulo III M.

Asiddao, Diana Jane

De Guzman, Gershey

Lincod, Jhanna Jhessel A

Mercado, Jewel Mae

Quitlion, Divine Angeline

Submitted to:
 Gerome M. Romero, CPA

March

I. Input

In order to develop and implement a cost-effective project control system that would

track and measure the performance of the business with respect to their schedule

and budget. The following are the inputs for this project:

1. Records of Transactions

To produce financial statements of Ramsay’s Kitchen, the business should have

the proper recording by letting each member to record his transactions and those

transactions will be compiled in every week to have proper monitoring of its

accounts.

2. Schedule of Accounts Receivable Ledger

To settle the inventory sold on account, the business will have a accounts

receivable ledger to oblige each member to collect the receivable on time for the

preparation of financial statements and to avoid doubtful accounts.

3. Special Journal

To have an effective and long-term solution, Ramsay’s Kitchen, should have a

record and also a manager who will control and handle the physical count of

cash and inventory to have an organized data of transaction entered by the

business.
II. Processes

1. Members are assigned to do a specific task. One is involved in accounts

payable, one in accounts receivables, another in inventory count and in cash.

Each will report to the accountant for preparations of financial statements.

2. The accountant will indicate the name of the member that is involved in the

selling of inventory on account, to evaluate who among the members collected all

its receivables and to be responsible enough to collect the other and to have no

account receivables at the last day of filling the Financial Statements.

3. In every cash disbursement and receipt transaction the treasurer should also

have his own record and cash count, however in every purchase and sell on

account the member should always count the inventory to assess immediately if

there is a shortage or a surplus in the business inventory. With this there is a

high probability that the cash and inventory on data will equal the cash count and

the inventory physical count.

III. Output

 Financial Statements

A company’s set of financial statements consists of profit and loss, cash flow and

income statements, as well as balance sheets. Internally, business managers and

owners use financial statements to get an overview of operational activity.

 Accounts Receivable Ledger

Before the preparation of the Financial Statements, all accounts receivables are

collected and will have no account title on the Statement of Financial Position.

 Special Journals
 The cash and inventory on data will equal the cash count and the inventory physical

count.

IV. Non-functional Requirements

The importance of non-functional requirements is therefore not to be trifled with.

One way of ensuring that as few as possible non-functional requirements are left out

is to use non-functional requirement groups. Many different stakeholders have a

vested interest in getting the non-functional requirements right particularly in the

case of large systems where the buyer of the system is not necessarily also the user

of the system.

Here are the Non-functional requirements outlined in our system:

 Reliability
 Recoverability
 Maintainability
 Security
 Manageability