Sure! It was designed for that!
It features three different selectable pre-amps in the analog section, with LOW, MEDIUM and HIGH sensivities, followed by another -12/+12dB pre-amp with fine gain adjust.
Both inputs have these features and are adjusted independently.
Setting it to MEDIUM sorts out most my personal needs. Depending on the Mic I add an extra +3 to 6dB.
We provide color meters to help you to adjust the gains
The only situation in which you will need an external Mic Preamp is when your Mic requires 48V phantom power. In this case an external unit is necessary.