@rustymg I am gonna keep an eye on ARRM (got it downloaded after your suggestion - gonna use it when I add more roms) ... I used Skraper as recommended by @OyyoDams and the software is rather intuitive! Did all the job for me... pretty much! Got my problem solved. I strongly recommend it for anyone going through the same issue.
Thank you, guys!
@arcticlion You can hit up http://gamehacking.org/search and download libretro/retroarch compatible cheats. I suggest sticking with the game genie codes. They seem to work better. You can download specific codes too, by checking and only downloading checked. Then its just a matter of moving the file over to recalbox share folder. You can load the cheat manually by navigating to the folder you placed your .cht file in the retroarch menu. Hope this helps you out.
