Iteration 2 should include the following at a minimum:
The team may decide what emphasis to place on this first version of the SRS. You are encouraged to include fully-dressed use cases. Beyond the use cases, you may attempt to complete some sections of the SRS in detail, leaving others blank, or you may attempt to complete all sections of the SRS at a high-level. An SRS template is available in PolyLearn. You do not have to follow this template exactly. You may add/remove/modify sections as you see fit. You are encouraged to add the SRS to your source code repository and manage changes like you would a source code file.