I'd like to know how I can design this - any help/alternate ideas with the design and structure will be highly appreciated.

If you were my boss or a client (same thing really) presenting me with this requirement I'd call this an incomplete program spec.

• is this a command line application or a web application
• are we printing reports or emailing them?
• what is the user interface for entering data?
• is there a database involved?
• if not a database what type of repository?

and from the answer to those questions would probably generate more.

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