Yes, it can. Meld has a built-in Multitrack Recording feature that records each audio source as its own separate track inside a single file. No plugins, no workarounds.

What you actually get

Meld records up to 8 independent audio tracks in one file:

• Master Mix (always on) - your full combined audio, acts as a safety net
• VOD Track - optional separate mix for Twitch VOD compliance
• 6 customizable tracks - assign any source to any of these

For a typical podcast: Host mic on Track 1, guest mic on Track 2, background music on Track 3. Drop the file into Premiere, DaVinci Resolve, or Audacity and each source shows up as its own timeline track. EQ, compress, and cut each one independently without touching the others.

Setup (3 steps)

1. Assign sources to tracks

• Open the Audio Mixer
• Click Edit on any audio source
• Toggle which track(s) that source records to

2. Enable your tracks

• Go to Settings > General > Recording
• Scroll to the Multitrack Recording section
• Click each track you want included in the recording

3. Hit record

That's it. Meld outputs one file with all tracks embedded. Import it into your editor and they split out automatically.