Microsoft 365 features that help users manage their subscriptions, account settings, and billing information.
Thank you for the information.
You mentioned you had a one-time purchase Office license previously, I would suggest that you do this to remove any cached license first in the system.
First, uninstall all of the apps.
Please use the instruction here: https://support.microsoft.com/office/how-to-remove-office-license-files-on-a-mac-b032c0f6-a431-4dad-83a9-6b727c03b193 Download and run the license removal tool to clear the previous license.
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You also said you bought it from Best Buy, please make sure you have already redeemed it. You should have received the product code from Best Buy, you would need to redeem it from here: Go to www.office.com/setup or Microsoft365.com/setup.
Then you install it from your Microsoft account https://account.live.com, look either under Subscriptions or Order History to find the redeemed order, and find the install option to install.
Let's see how this works first. There might be additional steps you have to do, but I don't want to overwhelm you right away with all of the steps when you may or may not need the rest. We will narrow down.