The New York Annual Inventory and Account is a comprehensive set of financial documents that are used to report the financial position of a business. It includes an analysis of the business’s assets, liabilities, and equity, as well as a statement of cash flows. The inventory portion of the report is used to record the value of all inventory that is owned and held by the business. The account portion of the report is used to record the value of the business's accounts receivable and accounts payable. There are two types of New York Annual Inventory and Account: The Consolidated Inventory and Account, which is used when the business has multiple locations, and the Single Location Inventory and Account, which is used when the business operates from a single location.