What do you mean? The Tablature View will display MIDI notes of the current piece in Tab. The Fretboard View will show those notes at the current Now Time.
It's all MIDI. You have to select certain settings though because the program can't translate things exactly where they should be intuitively because of the nature of the guitar.
It's a little flawed and awkward.
If you mean for an audio part... no. It most certainly will not create tab for that.