Fabric inlay on deck question

Pic for reference.
Just wanna see if i have this right.
I would lam the bottom and cutlap to the deck.
Tape off for cloth inlay on deck.
Inlay the cloth.
Then do i tape off the line on the cloth inlay , And tape the line on the bottom for cutlap.
Do the deck with tinted lam.
Cut around the cloth inlay tape line, flip and cut the bottom cutlap.
Then do a final cape of everything on the deck in clear and either free lap or cutlap to the bottom?

Thanks in advance for suggestions and tips on the technique