Hello Kinarc, and welcome,
Yes, you can process anything in Monarch. Seriously, I've not found a report yet that couldn't be modelled.
The important thing to do first is to identify the each row of each item as your Detail template. You can then add on other data as Appends and Footers to build up your table.
If you post a sample of the report here between CODE tags then we can all help you out.
There's a thread that might help with the CODE tags which will get the alignment right for you.
Your profile says you've got 10.5 which I think supports Cleared By, so you might not need two models.
My blog has a post on Anonymising Data which might help you if you need to scramble confidential data before posting.
All the best,