I would add two or three more steps. I would write down the first 5 words of the seed phrase. Then factory reset my HWW and create a new wallet. Only use the wallet if the second seed phrase is different!

Then after your first test "receive" transaction, you could also "send" a test transaction and then you could delete the wallet and recreate it by using the seed phrase. That way you can reduce the risk that your wallet is compromised.