Axel first and the 4 bolts very last.
Very NEXT!
lol I guess I shoulda left out very.
When you understand what is happening by doing the procedure the right way its a lot easier to remember. Tightening the axle faces (aligns) the final drive to the wheel, tightening the 4 bolts locks in that fresh alignment.
Very NEXT thing after you torque the axle. For the person trying to follow directions but not understanding why (if you say "very last") may actually wait till very last and maybe put the bike down on the ground, shocks on and all, then "very last" tighten the four bolts and have a questionable alignment
