I am trying to deal with the situation where I have a suite of products and then some standalone licenses of some of the same software titles (28 licenses of the suite, 19 of one standalone and 18 of another). I need to be able to one accurately determine if I am under or over in the installations and then determine who is actually using the software. I don't see or understand the licensing for suites / collections. What is the relationship between "Licensed Products" and "Software Collections"?

In tracking the licenses, do I create "Licensed Products" entries for each component of the suite and in the case of the standalone licenses, increase the number?