Actually two passes. One to cut the strip and a 2nd to bevel the edge. You would be doubling the angle if you cut the bevel on both sides. I cut one edge at 7 degrees and that seemed to have worked well for me. As Rob said, put a pencil mark because it's hard to see the bevel. I stripped my front deck without any hand plane work with a 7 degree bevel. and on the hull, it worked a lot but not all the time so sometimes I had to do some hand planing - but none of them were less than 7 degrees. On the back deck of the OI it's flat and I always keep some deck strips at the 90 degree cut.

Once the tale saw is set up with feather boards (top and side) you can do the bevels in seconds.