Yes you can, the machine will cut everything within the working area of the table with the first bit, prompt you to change the bit, cut the second path, advance the table and have you switch the bit again, cut, switch repeat till done.
Keep in mind with the summa, since the belt doesn't track 100% straight you are likely to end up with slight misalignment between cuts, which may show through the final product on your v-cuts possibly, the only way to avoid this is to print crop marks on the sheet first so the camera can scan them and adjust as needed.