Record midi that it receives: Yes - midi notes need to come in on the auto channel (defaults to 10) or the channel of the track (defaults to track number)
Send midi that it receives: Yes I think so, it should do this via the track that’s receiving the data. Key bits of configuration that are easily missed:
on the track setup, you need to tick Mout (midi out) so that it transmits on that track output channel.
the midi out/thru option needs to be set to OUT.
There’s a crib-list somewhere I’m sure, so I’ll look into it more if you can’t figure it out from the above.