Microsoft 365 features that help users manage their subscriptions, account settings, and billing information.
1
If you have logged out and back into Office and that did not get your subscription correctly recognised.
Open Word.
Go to File - Account.
Click the 'Update Licence' button to test if that process can get your subscription recognized correctly.
2
If that does not resolve the problem, the best option would be to completely uninstall the Office suite, then restart your PC and download Office from your Microsoft account on this link (https://account.microsoft.com/services/).