Yes, that will work. The G32 command is needed only if you are using multiple independently-driven leadscrews for the Z axis and have used M671 to set up the coordinates; then G32 will probe the bed and adjust them to level it. If instead you have a single Z motor and a belt driving multiple leadscrews, then you don't need the G32.
If you have a very accurate and level build, you don't need G29 either.
The bed compensation figures in the M122 report have no meaning when mesh bed compensation is in use.