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I need assistance developing the System Requirements Checklist with the provided info. below for the five categories: outputs, inputs, processes, performance, and controls Payroll Currently

I need assistance developing the System Requirements Checklist with the provided info. below for the five categories: outputs, inputs, processes, performance, and controls

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Payroll Currently Miss Peach pays her students $3 each Monday using paper money for doing their assigned chores during the week. She then charges them $1 for rent on their desks. She also pays bonuses for bringing in homework (about $8 a week) and for good behavior ($1 a day) This works pretty well as far as it goes, but Miss Peach would like to model real life even more. With the new system, the students' pay would be posted to their bank accounts. In order for the tax tables to work, Miss Peach will have to increase the weekly salaries to about $150. Each week the students would receive an earnings statement that would list their gross pay (broken down by salary, bonuses, and hourly pay), their current deductions (Federal income tax, Social Security tax, Medicare tax, and Michigan state income tax), and their net pay deposited into their bank account. The rent for their desks would be inflated to $25 and would be an automatic deduction from the students' weekly pay. There would also be a column indicating the year-to-date values Although Miss Peach currently does not pay an hourly wage, she would like the optiorn to do so at a later time Miss Peach has included a copy of her weekly earnings statement to be used as a model

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