Encoder debuger

[CiaoBelli87]

Hi everyone

Is it possible for LA104 hardware to operate as a "5v pnp" encoder A,B,Z counter, duty cycle and phase checker? I work in the automation industry facing always the same dilemma when I have position problems... Is the encoder output current???
Attache a purpose-built device for reference : http://www.universalencoderchecker.com/Encoder%20Checker%20Manual%20rev%201.2d.pdf

Thanks