The command provides the annotation for a selected hole. Annotations are generated using the tools of both Woodwork for Inventor and Autodesk Inventor.
To open the command, go to:
Woodwork Design (Drawing environment) –> Hole Annotation 
You need to indicate any side of the hole for the command. Annotations are placed for holes drilled both on top or bottom, or for side holes. The annotation is placed on the imaginary line which runs from the hole center toward the cursor’s position. It is performed when the hole side is selected. Later the annotation position can be modified using Grips. The hole content is filled according to the keyword <HNOTE>.