The invention discloses an integrated small and medium multi-point water inflowing deep nitrogen and phosphorus removal sewage processing system and a processing method. The system and method are mainly used for processing high-concentration town sanitary sewage and high-concentration industrial waste water, especially COD, sanitary sewage with high ammonia nitrogen content or industrial waste water. The processing system comprises a grating adjusting pond, an aeration tank, a first anoxic pond, a first aerobic pond, a second anoxic pond, a second aerobic pond, a precipitating pond, a flocculation reaction pond and a flocculation precipitating pond which are successively communicated. The multi-point water inflowing mode is adopted, water resources are reasonably utilized, and the system has the advantages of being low in cost, efficient, capable of resisting loading and impacting, stable in quality of discharged water, convenient to operate and manage, and beneficial for integrated construction and saving of occupied area.