I have not done shotguns, but have done a few rifles - assemble barrel to receiver - the only time a "square" bead will count?? Level the receiver - horizontally across the top if there is a flat, vertically against a flat side if there is no flat on the top. Then an indicator like above will find Top Dead Center. I have not made stocks - not completely certain they are "square" enough to receiver to level against?? Maybe they are? I would go from the receiver, if possible...
Once receiver is squared up and level, with very good eyes and a steady hand, should be able to get very close with a level on top of the round barrel - it will only touch at a tangent point - when level reads "level", it is sitting on that TDC tangent point...
Sorry yes leveling off receiver not stock! Lol
Ive always done scopes with the stock mounted in a gun vise and then bubble leveled the receiver and then bubble level the scope