How to create a material which can be used in T-Codes VAO1 & MB1C create

Hello Experts,

How can I create a material which can be used to create a sales order and can be used to create inventory using VAO1 and MB1C T-Codes respectively.

What are the configurations that I need to take care of, while creating it?

I need to create a material which can be used in the whole sales cycle(sales order,goods issue,billing and etc).

Please Help,

Thanks in Advance,

Suma