Hello Pranita,

The Attributes you are referencing are stamped by the Reconciliation Engine and aren't necessarily meant for reporting.  

However, to answer your question. Licensable Software is reflected in Reconciliation results even when there are no entitlements unless there is a SW Model with a Discovery Map covering those software installations and the "License Under Management" checkbox is unchecked. In this case, Reconciliation would skip over that software product and the related software installations.