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Haestad product license usage will start when the .DGNLIB file for the Haestad product is opened.
This occurs when clicking "Open" in MicroStation's File Open dialog while a user and/or project is set to the Haestad product ("WaterGEMS" in the example below). The Haestad product is selected as the user/project when you launch the shortcut "<Haestad product name> for MicroStation"
Note that when working in the "...for MicroStation" platform, license usage of both the Haestad product and MicroStation itself will be recorded.
Hydraulics and Hydrology Product Licensing (Activation) FAQs and Troubleshooting [TN]
Troubleshooting MicroStation Integration
Loading Hydraulics and Hydrology products into a custom MicroStation workspace