How to manage requirements (specifications) on Visual Studio Team Services (TFS)?

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I'm using on-premise TFS and plan to migrate to Visual Studio Team Services. But I still have one question - How to properly manage (store, edit, track) requirements (specifications) for software project in VSTS or TFS?

What is the best solution? What do you use?

Now we use OneNote.com and add links to OneNote pages to PBI in TFS. But it's not very convenient.

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